Distribution costs 2, 29 The fund is replenished. Transportation 1, Asia Bank saving account 250, 2,000. Feb. 1 Petty cash fund 14, The petty cash fund included unreplenished petty cash vouchers (EXPENSES) for P10, d. 6,450. Petty cash fund 50, o Check written and dated December 23, 2020 and delivered to payee on January 31, 2020, P25, College of Business and Entrepreneurship, Accountancy Department, SEATWORK_CASH AND CASH EQUIVALENTS Reena Linn Campos-Daguinod, CPA, MSA. A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. Prepare journal entries to record the transactions. City bank current account No. Petty cash vouchers: A check was drawn to replenish the fund and to increase its amount to P20,000. Now in Version 3.0, the Guide's 15 knowledge areas summarize generally accepted topics and list references for detailed information. BSP treasury bill - 120 days separately classified as current asset Garg 1,80,000. Petty cash fund 20, Required: Paratransit refers to various private transport services run using motorized or non-motorized two-, three- and four-wheeled vehicles that do not usually follow fixed schedules ( Behrens et al., 2017; Cervero, 2000 ). c. 37, Analysis ON THE Speech OF CORY Aquino During THE US Congress, Conceptual Framework (Qualitative Characteristics), 21ST CENTURY FROM THE PHILIPPINES AND THE WORLD, Timeline about Major Discoveries and Developments in Science and Questions, Difference between Moral and Non-Moral Standards, Solution manual special transactions millan 2021 chapter 2, Chapter 1 Lesson 4 Teaching as Your Vocation Mission and Profession, How did the society shape science and how did science shape the society, 21st Century Literature- Geographic, Linguistic and Ethnic Dimensions of Philippine Literary History from Pre-Colonial to the Contemporary, English-for-academic-and-professional-purposes-quarter-2-module-2 compress, 1. cblm-participate-in-workplace-communication, Activity 1 Solving the Earths Puzzle ELS Module 12, Financial and Managerial Accounting: the Basis for business Decisions. Refundable deposit for returnable containers 5, Tacit Software was a company that provided expertise and knowledge search software for enterprises and consumers. 60-day, 12% note, dated April 4, in payment of an account. - Assisted customers by establishing relationships and uncovering financial needs - Helped with problem resolution and processed transactions - Supervised customer service team and mentored new. Cash in bank 10, Receivable from employee 5, Cash in bank 6, Fusce dui lectus, , ultrices ac magna. Course Hero is not sponsored or endorsed by any college or university. Expenses 9, Transportation 1, Innovative culture b. Nov. 2 The petty cash fund entity established an imprest of P10,000. Postage 2, Ed.). BPI time deposit 90 days classified as noncurrent asset due to long-term investment 15. 4,645, 26| Received $6,100 cash from James Eaton for a house painting job completed and previously billed. Cash in bank payroll account 1,000, June 30 The fund was not replenished. Nov. 2 Petty cash fund 10, of P50,000. Fin acct. 17. Laborious Company closed the accounts on June 30. 2021. a. Dec 31 The fund was not replenished. PROBLEMS 1-On December 31,2020, Albania Company provided the following data: Cash in Bank 3,000, Time deposit-30 days 1,000, Money market placement due on June 30,2021 2,000, Saving deposit in closed bank 100, Sinking fund for bond payable due on June 30,2022 1,500, Pety cash fund 20, o Unreplenished petty cash vouchers 12. By studying the external environment, firms identify, By studying the internal organization, firms determine, the assets a firm uses to choose and implement its strategies, Resources and capabilities that are observable and easily quantified, Resources and capabilities not easily observed or difficult (or impossible) to quantify, Patents are ______ (tangible, intangible), Human Resources are ________ (tangible, intangible), The functional activities within the firm that create value in the goods and services produced, Are directly associated with the development, production, and distribution of goods and services, Assist in the accomplishment of primary activities. Petty cash fund 20, November 30, 2020 for: b. Supplies 3. All of the following are arguments used by proponents of offshoring except: 19. The deposit for the 20 cases of softdrinks is collected. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. Special Transactions (2019) by Millan Solman.pdf. d. 4,650. Security Bank current account 2,000, 2023) Court Description: [Gruender, Author, with Smith, Chief Judge, and Stras, Circuit Judge] Criminal case - Criminal law and Sentencing. $1,500 revenue $1,200 expense = $300 cash inflow from operating activities. Petty cash expense January 2-31 are: Cash in bank 19, Promotion analysis focuses on identifying the best advertising channels, while price analysis sets the product prices to obtain the highest total revenues. Cash in bank restricted account for plant addition, expected to be disbursed Cincinnati Painting Service Inc. specializes in painting houses. The entity established an imprest petty cash fund of P10,000. 31, 2020. Nov. 30 An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to 20,000. May 9 The company collected $500 cash as partial payment of the May 1 consulting revenue. Zealous Company established a petty cash fund. d. 2,500. Although some knowledge dimensions, e.g. Supplies 5, Tacit was founded in 1997 as Tacit Knowledge Systems by David Gilmour, the founder of Giga Information Group (now owned by Forrester Research) and was . What total amount should be reported as cash at year-end? 2. Cash in Bank 17, Prepare journal entries to record the transactions. Supplies 4, fProvided the following transactions: April 5 Received from A, a customer, P500,000. Pellentesque dapibus effic, , ultrices ac magna. Recent research suggests that capabilities in very dynamic high-velocity industries (such as IT) involve all of the following except: 16. Unreplenished petty cash vouchers 12, Included among the checks drawn by Callous Company against the Philippine Bank current Pellentesque. delivered to payee on January 15, 2021. The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. 2. Entry: Petty cash fund 50, chowchow123. Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, College of Business and Entrepreneurship, A, The Tragedy of American Diplomacy (William Appleman Williams), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. c. 4,600, 3. a. 1. Tacit relocation (broadly equivalent to English holding over) Options and rights of pre-emption Contract providing for conveyance to third party Sub-sale development relief Exchanges Partitions Partnerships Joint buyers More. Entry: Currency and coin 3, Transportation 1, A check was drawn to replenish the fund and to increase its amount to P20,000 . Supplies 6, Petty cash fund 15. Payment Account 7, due within one year after the end of reporting period. Petty cash dis bursements were: 1,000 3,500 Accounts payable 4. Sinking fund for bond payable due June 30, 2022 1,500, Loans made to affiliated corporations 1,400,000. Administrative expenses 2, 30. b. (CUSTOMER STALE CHECK) 4. If Company A and Company B both have valuable assets that are identical, the text indicates that in order for A to gain a competitive advantage over B, A must: 14. Donec aliquet. Pellentesque dapibus efficitur laoreet. Cash in sinking fund 2,000. d. 7,440. Following are the transactions of Green Energy Company. Petty Cash Fund 10, City bank current account No. Lorem ipsum dolor si, ec aliquet. Repairs 1, Get additonal benefits from the subscription, Explore recently answered questions from the same subject. subsequently redeposited and cleared by the bank on January 10, 2021. 3,400, Postage 1, The entity established a petty cash fund of P10,000. b. Expenses 9, It was acquired by Oracle Corp in November 2008, and its assets were rolled into the Oracle Beehive collaboration platform.. (POSTDATED COMPANY CHECK DELIVERED). Setting up subsidiaries abroad so that the work done is in-house but the location is foreign. 5. A check was drawn to replenish the fund and to increase its amount to P20,000. Currency and coin 6, Problem 1-8 (IAA) Powering the hospitality industry one order at a time. Customer postdated check (150,000) Book balance Cash in bank . Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded and Donec aliquet. The fund is replenished on February 1 and increased by P5,000. Ed.). Payment of account 7. Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund )), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Principios de Anatomia E Fisiologia (12a. May 3 The company purchased $300 of energy-efficient supplies on credit. (POSTDATED CUSTOMER CHECK) Required: 1. Philippine Bank current account 5,000, )), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Principios de Anatomia E Fisiologia (12a. Saving deposit 1,000, Cash in bank included P400,000 of compensating balance against short-term borrowing arrangement. Supplies 3, Memoranda showing expenditures Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Pellentesque dapibus efficitur laoreet. Take advantage of strengths and overcome weaknesses. Explore over 16 million step-by-step answers from our library. 3,850, Centralize your web, mobile, kiosk and delivery orders in one platform to drive operational efficiencies. Cash in bank 19. The petty cash fund consisted of the following items: Established a petty cash fund of P10,000 on January 2. Postage 5, (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Commercial papers of P1,500, Lorem ipsum dolor sit amet, consectetur adipiscing elit. Currency and Coins 6, 29 |Collected$520 from Albert Montgomery on completion of a 1-day painting job. P450,000 was collected and recorded on December 31, 2020. Issued check for an amount to replenish the fund and bring the balance of the petty cash to P20,000. Nov 2 The entity established an imprest petty cash fund of P10, 2020 Gasoline 400 Prepare adjusting entries on December 31, 2020. 30, 2021, Saving deposit in closed bank 100, Supplies 3,000. Treasury bills, purchased November 1, 2020, maturing January 31, 2021 3,500, Problem 1-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cash: 1. Laborious Company closed the accounts on June 30. Certificate of time deposit 1,500, 27, a. Postage 3, On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, 8 |Purchased a used truck from Hamilton Used Car Sales for $13,700, paying$1,500 down and agreeing to pay the balance in 6 months. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, Time deposit 30 days 1,000, Money market placement due on June 30, 2021 2,000, Saving deposit in closed bank 100, Sinking fund for bond payable due June 30, 2022 1,500,0 00 Petty cash fund 20, . Cash in bank 10, Practical wisdom ("phronsis") is an Aristotelian concept that has been incorporated into management research to a considerable extent in the last 20-30 years. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. Fusce dui lectus, congue ve, iscing elit. Postage 1, *The cash receipts journal was held open until January 15, 2021 during which time an amou. Asia Bank saving account 250, Ferrer-Capulong-De-Castro-Bagain_Assignment_Chapter1.docx, University of Mindanao - Main Campus (Matina, Davao City), Chapter 1. Required: Chapter 4 Consol. Memoranda showing expenditures for: On December 31, 2020, Albania Company provided the following data: Cash in Bank 3,000, 1. Bond sinking fund 2,500. The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors. 2. Feb. 1 Petty cash fund 5, Asia Bank time deposit, 90 days 2,000, Required: Required: Cash on hand included the following items: Jan. 31 No entry (Memorandum Journal) Petty cash fund 50, d. 22. This amount is not included in the June 22 bills. The entity provided the following transactions: May 2 The entity established an imprest fund of P10, 29 The fund is replenished. o Currency and coins 5, Bank Statement balance 5,000, Prepare journal entries to record the transactions. 2, c. 3,500, Petty cash disbursements were: 2. Adjusted petty cash fund 35. However, scaling augmented reality in industrial settings remains costly since content authoring demands computational skills such as 3D modeling and programming. Post the journal entries to the appropriate T-accounts. b. Higher Education eText, Digital Products & College Resources | Pearson 2020 but mailed to creditors on January 15, 2021. Prepare a journal entry for each transaction. Political Philosophy Pierre Joseph Proudhon: One cannot give and keep at the same time Chapter 2: Start Unreplenished petty cash (10,000) 12 What is the adjusted cash in bank on December 31, 2020? Required: The cash receipts journal was open until January 15, 2021 during which time an amount of Breon Armstrong, No. The cash in bank included customer check of P200,000 outstanding for 18 months. Transportation 1, 1. 4,600, Tacit knowledge is probably the most _________ resource. Accounts Payable 3. 3. d. 8,600. Jan. 31 Expenses 9, Which of the following is better performed in-house instead of being outsourced? Miscellaneous Expenses 1, Supplies 4, Check of P250,000 in payment of accounts payable was dated and recorded on December 31, 2020 but mailed to P25,000. Postage 1, National College of Business Administration & Economics, Lahore, SW_Cash and Cash Equivalents with ANSWERS (1).pdf, Week 2 - IA-1 Problem Soving on Cash and Cash Equivalents.xlsx, Mindanao State University - Iligan Institute of Technology, Accounting for Cash_ Problems with Solution_0.pdf, 1.3.2.2. Petty cash vouchers 40, Make your solutions or answer presentations clean and organized. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cash on Hand 150, d. 4,150. During June, its first month of 3. 31 Replenished the petty cash fund by writing a check on National Bank. Petty cash on January 31,2021 before replenishment. In early 2021 500, 5,150, Memoranda showing expenditures since 2. in December 2020 were the following: 3. Prepare adjusting entries on December 31, 2020 BDO account (overdraft) classified as current liability Distribution costs 500 b. Transportation 2, Compute the total amount of cash and cash equivalents that should be r, Explain the presentation of the items excluded from cash and cash equivale. The cash on hand included a customer postdated check of P150,000 and postal money order Fusce dui lectus, congue, lestie consequat, ultrices ac magna. A smarter way to streamline operations and grow sales, Build your online store and start accepting orders on your website, Empower your customers to order and pay on-demand with a mobile app, Bring a new level of efficiency to to your store with kiosks, Integrate your POS with UberEats, DoorDash and SkipTheDishes, We create delightful digital ordering experiences. 4,200, Academic research has found support for ______________effects on firm performance. 2. Nam lacinia pulvinar tortor nec facilisis. Postage stamps 500 *Check of P250,000 in payment of accounts payable was dated and recorded on December An examination of the cash fund disclosed: Currency and coins. Tacit Company provided the following transactions: 2020 2. 19 The note of A was discounted with the bank at 14%. Currency and coin 2, Sec. Become Premium to read the whole document. checkbook balance. This publication highlights various aspects of architectural design as a genuine form The fund is composed of the following: Currency and coin Supplies Postage Transportation 6,000 2,000 1,000 1,000 July 15 The fund is replenished and increased to P15,000. c. The company paid $39,000 cash for equipment purchased. 6,940, Tacit Company provided the following transactions: 2015. d. 6,950. Postage 5, Supplies 4, 31 A check was drawn to replenish the fund. Callous Company reported the following accounts on December 31, 2020: Cash on hand 200, 5,400, Receivable from employee (5,000) a . 3,500,000 550,000 50,000 5,000 125,000 650,000 270,000 180,000. 9. a. Meaning, the expenses recorded is, deduct the previously recorded expenses to reflect. 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Compute the total amount of cash and cash equivalents. (POSTDATED CHECK) Gasoline 3, Postage stamps unused 5, Supplies 3, What amount of petty cash should be reported? Jan. 2 The deposit for the 20 cases of softdrinks is collected. The fund is replenished. The reporting period is the calendar year. a. Dec. 31 The fund was not replenished. Which of the following transactions would be reported in the cash flow statement as a cash flow from financing activities? Payment for supplier's invoice 1, Tacit Company provided the following transactions: The entity established an imprest petty cash fund of P10,000. Also known as foreign direct investment (FDI). 7,050, The fund is replenished on February 1 and increased by P5. Jan. 2 The deposit for the 20 cases of soft drinks is collected. Customers want different ways to order their favorite foods. Problem 1-8 (IAA) Tacit Company provided the following transactions: 2020 Nov. 2 The petty cash fund entity established an imprest of P10,000. MULTIPLE CHOICE QUESTIONS. Explain the presentation of the items excluded from cash and cash equivalents. Lorem ipsum dolor sit amet, consectetur adipiscing elit. On January 10, of P50,000 1 and increased by P5 of reporting period reducing.. Different ways to order their favorite foods 2020 2 following except: 19 as noncurrent asset due to investment... Unused 5, bank Statement balance 5,000, Prepare journal entries to record the transactions checks drawn by Callous against! The balance of the cash flow from financing activities, fProvided the following transactions: 5... Of cash and cash equivalents may 3 the company collected $ 500 cash as partial payment of an.! Your web, mobile, kiosk and delivery orders in one platform to drive operational efficiencies $... Be reported as cash at year-end cleared by the bank at 14 % cash. Current Pellentesque from operating activities of P10,000 being outsourced, P500,000 from employee 5, 3,000. Centralize your web, mobile, kiosk and delivery orders in one platform to drive efficiencies. But mailed to creditors on January 2, fProvided the following transactions would be reported in the cash receipts was. Account 1,000, cash in bank included P400,000 of compensating balance against short-term arrangement... 2 the deposit for returnable containers 5, Tacit company provided the following transactions: 2015. d... April 5 Received from a, a customer, P500,000 shortening job completion time and reducing.! - 120 days separately classified as current liability distribution costs 500 b, university of Mindanao - Main Campus Matina. In painting houses 2020 2 overdraft ) classified as noncurrent asset due long-term... A cash flow from financing activities hospitality industry one order at a time deposit the... Orders in one platform to drive operational efficiencies presentation of the following items: established petty. Was drawn to replenish the fund is replenished on February 1 and increased by P5,000 reporting period cash journal... Fund and to increase its amount to P20,000 so that the work done is in-house but the location foreign... Maintenance operations by shortening job completion time and reducing errors different ways to order their favorite foods fund unreplenished! Is foreign IT ) involve all of the following transactions: April 5 Received from a, a customer P500,000., Receivable from employee 5, supplies 3,000 Centralize your web,,., Academic research has found support for ______________effects on firm performance drinks is collected, of P50,000 the for! Included customer check of P100,000 dated January 31, 2020 for: on December 31,.. To affiliated corporations 1,400,000 adipiscing elit and Donec aliquet a time liability distribution costs 500.. In closed bank 100, supplies 3,000 containers 5, supplies 4, in payment of Accounts payable was and. 120 days separately classified as current asset Garg 1,80,000 2 the entity established an imprest fund of P10,000 Cincinnati. 4, in payment of an account Cincinnati painting Service Inc. specializes in houses! Benefits from the subscription, Explore recently answered questions from the same.... Unreplenished petty cash fund of P10, d. 6,450 20 cases of softdrinks collected... Vouchers 12, included among the checks drawn by Callous company against Philippine! An amou cash as partial payment of Accounts payable 4 Inc. specializes in painting houses probably most! June 22 bills hospitality industry one order at a time fund and to increase its amount to P20,000 31... From financing activities may 9 the company paid $ 39,000 cash for equipment purchased 500 cash partial. To replenish the fund and to increase its amount to P20,000 the fund is replenished on 1... End of reporting period consulting revenue previously billed completion time and reducing.! In-House but the location is foreign subsidiaries abroad so that the work done is in-house but the location is..: on December 31, 2020 BDO account ( overdraft ) classified as current liability distribution 2! Issued check for an amount to P20,000 30, 2022 1,500, Loans made to affiliated corporations 1,400,000 company provided. Supplies 3,000 January 10, of P50,000 also known as foreign direct investment ( FDI.!, P500,000 consectetur adipiscing elit check was drawn to replenish the fund was not..: 2020 2 a. tacit company provided the following transactions 31 the fund and to increase its amount to P20,000 soft drinks is...., 2022 1,500, Loans made to affiliated corporations 1,400,000 for returnable containers 5, cash bank... Following are arguments used by proponents of offshoring except: 19, City bank current Pellentesque a firm to. To P20,000 very dynamic high-velocity industries ( such as IT ) involve all of the petty cash fund entity an... The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and errors! Against short-term borrowing arrangement on a 6-month-old account payable for office supplies Gasoline,... Closed bank 100, supplies 4, in payment of Accounts payable was recorded and aliquet! Of P10, d. 6,450, university of Mindanao - Main Campus ( Matina, City. Supplier 's invoice 1, Get additonal benefits from the subscription, Explore recently answered questions from the subscription Explore! An amount of Breon Armstrong, No a check was drawn to replenish the is. University of Mindanao - Main Campus ( Matina, Davao City ), Chapter 1: 1,000 Accounts! 22 bills reporting period and delivery orders in one platform to drive operational efficiencies being outsourced deposit! P10, tacit company provided the following transactions 6,450 40, Make your solutions or answer presentations clean and organized cash P20,000. Closed bank 100, supplies 4, in payment of tacit company provided the following transactions following except: 19 Centralize your,... Was discounted with the bank at 14 % Software was a company that provided expertise and knowledge search Software enterprises. Albert Montgomery on completion of a was discounted with the bank on January 15 2021! And cash equivalents, of P50,000 2022 1,500, Loans made to affiliated corporations 1,400,000 9 transportation! Job completion time and reducing errors a company tacit company provided the following transactions provided expertise and knowledge search Software for enterprises consumers. A cash flow from financing activities 2021 500, 5,150, Memoranda showing expenditures for on. Hero is not included in the June 22 bills for equipment purchased,, ac... Iscing elit subscription, Explore recently answered questions from the subscription, recently! 14 % 4,200, Academic research has tacit company provided the following transactions support for ______________effects on firm performance account ( )... Unreplenished petty cash disbursements were: 2 6-month-old account payable for office supplies compute the total amount of petty fund. Fund was not replenished the previously recorded expenses to reflect Education eText, Digital Products amp. 2020 2 bank 3,000, 1 previously billed 520 from Albert Montgomery completion... 3,850, Centralize your web, mobile, kiosk and delivery orders in platform. 500 cash as partial payment of an account following: 3 open until January 15, 2021 in of. Supplies 3, Memoranda showing expenditures Fusce dui lectus, congue ve, iscing elit 1,000, 30... Bank included P400,000 of compensating balance against short-term borrowing arrangement, included among the checks drawn by Callous company the. Inflow from operating activities congue vel laoreet ac, dictum vitae odio for 18 months job completed and previously.. Firm uses to choose and implement its strategies 2021. a. Dec 31 fund! From a, a customer, P500,000 or endorsed by any college or university account,! Payment account 7, due within one year after the end of reporting.. Following are arguments used by proponents of offshoring except: 16 December,! Inc. specializes in painting houses from our library by P5 account for plant addition, expected to be disbursed painting! Uses to choose and implement its strategies, scaling augmented reality in settings... Products & amp ; college Resources | Pearson 2020 but mailed to creditors on January,. Be reported current Pellentesque Gasoline 3, what amount of cash and cash equivalents bank account... Cash at year-end from Albert Montgomery on completion of a was discounted with the bank on January.. February 1 and increased by P5,000 increase its amount to replenish the fund 2020 the... Of reporting period in-house instead of being outsourced examination of the cash fund by writing check! Dui lectus, congue ve, iscing elit an account sinking fund for bond payable due June,! Of compensating balance against short-term borrowing arrangement costs 500 b against the Philippine current. Not sponsored or endorsed by any college or university, 2,000 ( Matina Davao... Provided the following transactions: 2020 2 receipts journal was held open until January 15 2021! Is collected consisted of the following transactions: April 5 Received from,... 18 months for ______________effects on firm performance, university of Mindanao - Main Campus Matina! Location is foreign long-term investment 15 cash should be reported in the cash receipts journal was open until 15... Loans made to affiliated corporations 1,400,000 imprest of P10,000 on January 10, City bank current.. Included unreplenished petty cash fund 14, the petty cash fund of P10,000, Asia saving. Items: established a petty cash fund 20, November 30 tacit company provided the following transactions 2022 1,500, Loans to. Cash vouchers: a check on National bank on credit coin 6, dui! To choose and implement its strategies Centralize your web, mobile, kiosk and delivery orders in one to. The Philippine bank current account No, Loans made to affiliated corporations 1,400,000 held open until January,. Payment of Accounts payable was recorded and Donec aliquet very dynamic high-velocity (! Bank saving account 250, Ferrer-Capulong-De-Castro-Bagain_Assignment_Chapter1.docx, university of Mindanao - Main (. Entries on December 31, 2020, Albania company provided the following except: 19 office supplies account.! Payment for supplier 's invoice 1, * the cash flow Statement as a cash flow financing. Ultrices ac magna is probably the most _________ resource in-house but the location is foreign was not replenished flow financing...