On January 2, 2017, you conducted a surprise in connection with your audit of the financial statements of Doctor Corp. for the year ended December 31, 2016. The following were identified on your examination:

Bills consist of one (1) P1,000 bill; three (3) P500 bill; three (3) P200 bill; six (6) P100 bill; seven (7) P50 bill; and four (4) P20 bill. Coins consist of nine (9) P10 coin; eight (8) P5 coin; and seven (7) P1 coin.

Checks include the following:

OR No. Form of Payment Amount 120141 Cash P566 120142 Check 7,000 120143 Cash 891 120144 Check 12,000 120145 Check 13,000 120146 Check 5,000