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Wimbledon Company provided the following information regarding the composition of its cash account on December 31, 2020: Checking account- BPI Savings account- BPI P1,200,000

 

Wimbledon Company provided the following information regarding the composition of its cash account on December 31, 2020: Checking account- BPI Savings account- BPI P1,200,000 1,500,000 Cash on hand 10,000 Travel advances of employee to be paid through salary deduction Separate cash fund, restricted for the retirement of long-term assets 120,000 1,000,000 Savings account includes P200,000 holdout against short-term borrowing arrangements. In the current assets section of Wimbledon Co. 's December 31, 2019 statement of financial position, how much should be reported as cash?

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