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(61 IA Cash and cash equivalents See all questions Time left: 0:40:59 Question 3 of 6 On December 31, 2020, Meg Company had the following cash balances: Cash in Bank 5,000,000.00 Pelly Cash Fund 50,000.00 Time Deposit, one year, due March 1, 2021 1,000,000.00 Saving Deposit 500.000,00 A check of P 100,000 dated January 15, 2021 in payment of accounts payable was recorded and mailed on December 28, 2020. How much "cash and cash equivalents should be reported on December 31, 2020? A) 5,650,000 B) 6,650,000 C) 5,550,000 D) 6,660,000 Next Previous CIE stv Time left: 0:40:49 Question 3 of 6 On December 31, 2020, Meg Company had the following cash balances: Cash in Bank 5,000,000.00 Petty Cash Fund 50,000.00 Time Deposit, one year, due March 1, 2021 1,000,000.00 Saving Deposit 500,000.00 A check of P 100,000 dated January 15, 2021 in payment of accounts payable was recorded and mailed on December 28, 2020. How much "cash and cash equivalents" should be reported on December 31, 2020? A) 5,650,000 B) 6,650,000 C) 5,550,000 D) 6,660,000 Previous Next