The cash account of JKL Company consists of the following on December 31,2019: Cash in bank |P 134,500 Petty cash fund (last replenished 11/30/2019) 15,000 Purchasing fund (last replenished 11/30/2019) 35,000 Balance per general ledger P 184,500 It was discovered that: 1. January 7, 2020 replenishment of petty cash fund amounted to P 10,000. The composition of which is as follows: ate supporting documents Nature Amount 2019 Gasoline P 4,500 2019 Miscellaneous 500 2019 Transportation 1,000 2020 Repairs 4,000 2. The January 4,2020 replenishment of the purchasing fund amounting to P 29,000 includes 2019 purchases of indirect materials, P 20,000, to be used in the production process of the company in the year 2020. 3. The following are the bank reconciling items that you noted: - A bank credit memo representing collection by bank from one of JKL's customers, P 58,000. - 2019 issued checks cleared by bank in January 2020, P 52,000.48 The cochinoround of JKL Company comich of the following on December 31.2019, Canh in bank P 134.500 Potty cont land (Ine replenished 11/30/2019) 18,000 Purchasing land (lail replihad 11/30/2019) 15.000 Balance per yearral Indger I. Janmary 7, 2020 repleailment of petty roch ford omanted to $ 10,090. The composition we supporting documents Amount 2019 P 4.500 500 2019 2020 4,000 The Jensenry 430. replanident of the poorcloning fund onowning to $ 7-JOCO indiade 2019 parchingof indeed materiab, P 20,090, to be seed in the production process of 3. The following are the bank recondling Benn that you rofed A bark conde mann representing collection by bunk from one of JO's automan, P 58,000 1010 inved hoda deveed by buck in January 2020, # $1.000 What is the correct amount of petty cash fund as of December 31,2019? * [ (1 Point) P 5,000 P 9,000 P 15,000 P 11,000\f51 The coach progen of Jil Company comics of the following on December 31,2019, Cash In bank P 134.900 Formy cook ford (hne mpheriched 11/30/2019] 15,000 Purdining hand (lent replenished 11/30/2019) 35000 Balevon pier yourml lodger F 184 500 I wan dlicasured them I. January 7, 2020 repleailment of petty cash fand concented to $ 10:000 The composition of which Is on follows is supporting documents Amoye 2019 P 4.5.00 2010 2019 Thereportolion 1 000 2020 4,080 The lowory 4,2020 replerideman of the porcining find oneening to$ 7-Oct harder 2019 parchome of indiece meteriah, P 20,900, to be seed in the production process of the company in the year 2020 The lalowing are the bank recondling Bon that yas noted A bank eaude me how by bonk from one of JK's customs 58,000. 1010 inund chocde deored by back in January 2030. # 52.000. How much is the cash to be shown on the December 31,2019statement of financial position? (1 Point) P 216,500 P 170,500 P 207,500 P 222,500
