receipts from 79 as evidence sa company cash, to tepla Additional information: On Dec. 29, 20x1, Afternoon Co. issued a check amounting to P192,000. The check is dated Jan. 3, 20x2. The peso savings deposit includes a compensating balance of P80,000 which is not legally restricted. The exchange rate on Dec. 31, 20x1 is P51:$1. Requirement: Compute for the amount of cash and cash equivalents to be reported in the 20x1 financial statements. t? Sections must sements must except for pe 2. Transactions relating to the petty cash fund (PCF) of Bier Co. A petty cash fund with an imprest balance of P40,000 was supported by are as follows: Oct. 1, 20x1 established Oct. 1-31 Disbursements were made for the following: 20x1 Office supplies expense, 16,880 Transportation expense, P12,346 Freight-out, 117,627 Cellphone load (Telecommunications expense), 12,502 Oct. 31, Currencies and coins in the petty cash box amount to 20x1 P2,390. Replenishment is made ntrol over sement is made Requirement: Provide the journal entries. (Use a suspense account for any discrepancy in the fund.) he following P320,00 3. Assume that the PCF is not replenished. What amount of PCF will be reported in the Oct. 31, 20x1 financial statements? 1,120,00 6,400,00 $64,00 P2,560,00 1,600,01 4. On Dec. 31, 20x1, the petty cash fund of Bark Co., with a P30,000 leger balance, consists of the following: Currencies and coins 1,020 Vouchers for various PCF disbursements 26,820 An envelope containing employees' contributions 9,600 for a weekend outing amounting to Check drawn by Bark Co. to the order of the petty cash custodian Personal check drawn by the petty cash custodian 6,400,00 640 01 1.200 960