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Thor Trading had the following account balances on December 31, 2020: Cash in bank Cash on hand Cash restricted for addition to plant expansion for

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Thor Trading had the following account balances on December 31, 2020: Cash in bank Cash on hand Cash restricted for addition to plant expansion for 2021 sh Cash in bank includes P600,000 of compensating balance against short-term borrowing arrangement. The compensating balance is not legally restricted as to withdrawal by Thor Trading. On December 31, 2020, what total cash should be reported under the current assets? w Thor Trading had the following account balances on December 31, 2020: Cash in bank Cash on hand Cash restricted for addition to plant expansion for 2021 sh Cash in bank includes P600,000 of compensating balance against short-term borrowing arrangement. The compensating balance is not legally restricted as to withdrawal by Thor Trading. On December 31, 2020, what total cash should be reported under the current assets? w

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