Less: Overdraft with Piggy Bank secured by a Chattel ( 300,000) Balance per ledger P1,650,000 At what amount will the account "Cash" appear on the December 31, 2017 balance sheet? a. P1,425,000 b. P1,495,000 c. P1,315,000 d. P1, 725,000 Solution: Answer (a) Current account with Real Bank P 900,000 Undeposited collection 350,000 Supplier's check for goods returned by the Corporation 60,000 Unexpended petty cash 5,000 Current account with Piggy Bank (P410,000 P300,000) 110,000 Total P1,425,000 Coins and currencies P5,000 Replenishment check 43,000 48,000