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PROBLEM 8 On December 31,2020, Roma Company reported cash of P9,950,000 which comprised the following: Undeposited collections 600,000 Cash in bank - BDO checking account
PROBLEM 8 On December 31,2020, Roma Company reported cash of P9,950,000 which comprised the following: Undeposited collections 600,000 Cash in bank - BDO checking account 4,000,000 Undeposited NSF check received from customer, Dated December 1, 2020 150,000 Undeposited check from a customer, dated January 15, 2021 250,000 Cash in bank - BDO fund for payroll 1,000,000 Cash in bank -BDO money market instrument, 90 days 2,000,000 Cash in foreign bank restricted 1,500,000 Cash in bank - BDO value added tax account 450,000 Total 9,950,000 On December 31, 2020, what total 10 points amount should be reported as cash and cash equivalents? * Your
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