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On December 15, 2020, Mar Company established an imprest cash fund for P 10,000 by writing a check drawn against its general checking account. On

On December 15, 2020, Mar Company established an imprest cash fund for P 10,000 by writing a check drawn against its general checking account. On December 31, 2020, the fund was replenished and contained the following:

Currencies and coins

3,000

Receipts for office supplies

4,000

Receipts for postage (P 500 is still unused)

2,000

Receipts for transportation

600

On December 31, the company wrote a check to replenish the fund.

What is the petty cash fund balance to be reported in the statement of financial position as of December 31, 2020?

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