Please if anyone could help me write the needed solutions to this case;
CASE 1 The trial balance of Morayta Company includes the following: Cash on hand, PST/0,000; Petty cash fund, P10,000; BSA Bank CA, P1,200,000; Land bank CA No. 1, P1,500,000; Land Bank CA No. 2, (100,000); Metro Bank SA, P600,000 and Metro Bank Time deposit ( 5 months), P450,000; Money market placement (2 months), P250,000 and Treasury bills (due in 2 months purchased 5 months ago), P340,000. The cash on hand includes the follo'ng items: Postal money orders received from customers, P5 8,000 and customers checks as follows: Check payable to Morayta dated 5/31/2018, received 6/20/2018 P150,000 Check payable to Morayta dated 1/2/19, received 12/28/2018 90,000 Check payable to Morayta dated 12/30/2018, received 11/22/2018 1 10,000 Check payable to Morayta dated 2/14/2019, received 12/28/2018 70,000 Check payable to Morayta dated 1/3/2019, received 12/2/2018 80,000 The petty cash fund consisted of the follo'ng items as of December 31, 2018: Currency and coins, P3,500; Employee advances, P1,000; currency in an envelope marked \"collection for charity\" with names attached, P800; Un-replenished petty cash vouchers, P1,500; check drawn by the company payable to petty cash custodian, P4,000. Included in the checks drawn by the cow! ggg'ngt the BSA Bank account and recorded in December 2018 are as follows: Check payable to a supplier dated 4/30/2018, released 4/10/2018 P70,000 Check payable to a supplier dated 12/29/18, released 1/4/2019 1 10,000 Check payable to a supplier dated 12/30/2018, released 1 1/ 18/2018 30,000 Check payable to a supplier dated 1/24/2019, released 12/30/2018 20,000 Land Bank account The credit balance in the Land Bank account represents check drawn in excess of the deposit balance. These checks were still outstanding at December 31, 2018. There is an agreement between the bank and the client to o'set in each account. Metro Bank account The savings account deposit in Metro Bank has been set aside by the board of directors for the acquisition of new equipment. This amount is expected to be disbursed in the next two years from the balance sheet date. Determine the following as of December 31, 2018 in Morayta's nancial statement? How much is the adjusted balance of the petty cash fund? How much is the adjusted balance of cash on hand (excluding pct)? How much is the total cash in bank? How much is the total cash equivalents? How much is the total cash and cash equivalents? P'FP'E'JL