QUESTION 156 From the following information of XYZ Limited, calculate cash and cash equivalent as on 31-03- 20X2 as per AS-3. Particulars Amount (*) Balance as per the Bank Statement 25,000 15,000 Cheque issued but not presented in the Bank Short Term Investment in liquid equity shares of ABC 50,000 Limited Fixed Deposit created on 01-11-20X1 and maturing on15-04- 75,000 20X2 Short Term Investment in highly liquid Sovereign Debt Mutual fund on 01-03-20X2 (having maturity period of less than 3 months) 1,00,000 $ 1,000 Bank Balance in a Foreign Currency Account in India (Conversion Rate: On the day of deposit 69/USD as on 31-03-20X2 3 70/USD)