Question
On December 20, 2019, ABC Co. received a P100,000 check dated January 10, 2020, for the sale of merchandise. In ABC Co.s December 31, 2019
On December 20, 2019, ABC Co. received a P100,000 check dated January 10, 2020, for the sale of merchandise. In ABC Co.’s December 31, 2019 balance sheet, can the check to be considered cash? (Yes or No)
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Business Law and the Legal Environment
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson
6th Edition
1285143310, 1111530602, 978-1285143316, 9781111530600, 978-1111530600
