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AA Company established as petty cash fund of P15,000. Details of the PCF are as follows: Unreplenished expense vouchers: 12/21/2022 Coffee Bean 12/26/2022 Anytime Pitnes Date 12/28/2022 Frap, Employee 12/30/2022 Honest Bee 01/02/2023 Bonds and Papers 01/03/2023 Mr. Taxi U Bilis P100 Payee 50 20 Counted 2 pieces 3 pieces The count of remaining bills and coins in the petty cash box were as follows: 4 pieces Coffee and pastries Zumba for employees Advances for business trip Meals Description Office Supplies Transportation Coins P1.00 0.50 0.25 Counted 20 pieces 500 pieces 200 pieces Amount P1,400 1,200 1,500 1,300 2,800 1,550 A replenishment check amounting to P1,650 was also found inside the petty cash box. How much is the balance of petty cash fund reported in its December 31, 2022 statement of financial position?

AA Company established as petty cash fund of P15,000. Details of the PCF are as follows: Unreplenished expense vouchers: 12/21/2022 Coffee Bean 12/26/2022 Anytime Pitnes Date 12/28/2022 Frap, Employee 12/30/2022 Honest Bee 01/02/2023 Bonds and Papers 01/03/2023 Mr. Taxi U Bilis P100 Payee 50 20 Counted 2 pieces 3 pieces The count of remaining bills and coins in the petty cash box were as follows: 4 pieces Coffee and pastries Zumba for employees Advances for business trip Meals Description Office Supplies Transportation Coins P1.00 0.50 0.25 Counted 20 pieces 500 pieces 200 pieces Amount P1,400 1,200 1,500 1,300 2,800 1,550 A replenishment check amounting to P1,650 was also found inside the petty cash box. How much is the balance of petty cash fund reported in its December 31, 2022 statement of financial position?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please see attached. How much is the bqlance of petty cash fund reported in its December 31,2022 statement of financial position?
A Company established as petty cash fund of P15,000. Details of the PCF are as ollows: Inreplenished expense vouchers: Date Payee Description Amount 12/21/2022 Coffee Bean Coffee and pastries P1,400 12/26/2022 Anytime Pitnes Zumba for employees 1,200 12/28/2022 Frap, Employee Advances for business trip 1,500 12/30/2022 Honest Bee Meals 1,300 01/02/2023 Bonds and Papers Office Supplies 2,800 01/03/2023 Mr. Taxi U Transportation 1,550 he count of remaining bills and coins in the petty cash box were as follows: Bills Counted Coins Counted 100 2 pieces P1.00 20 pieces 50 3 pieces 0.50 500 pieces 0.25 200 pieces 20 4 pieces .replenishment check amounting to P1,650 was also found inside the petty cash box. low much is the balance of petty cash fund reported in its December 31, 2022 statement f financial position?
Transcribed Image Text:A Company established as petty cash fund of P15,000. Details of the PCF are as ollows: Inreplenished expense vouchers: Date Payee Description Amount 12/21/2022 Coffee Bean Coffee and pastries P1,400 12/26/2022 Anytime Pitnes Zumba for employees 1,200 12/28/2022 Frap, Employee Advances for business trip 1,500 12/30/2022 Honest Bee Meals 1,300 01/02/2023 Bonds and Papers Office Supplies 2,800 01/03/2023 Mr. Taxi U Transportation 1,550 he count of remaining bills and coins in the petty cash box were as follows: Bills Counted Coins Counted 100 2 pieces P1.00 20 pieces 50 3 pieces 0.50 500 pieces 0.25 200 pieces 20 4 pieces .replenishment check amounting to P1,650 was also found inside the petty cash box. low much is the balance of petty cash fund reported in its December 31, 2022 statement f financial position?
AA Company established as petty cash fund of P15,000. Details of the PCF are as follows: Unreplenished expense vouchers: Date Payee Description Amount 12/21/2022 Coffee Bean Coffee and pastries P1,400 12/26/2022 Anytime Pitnes Zumba for employees 1,200 12/28/2022 Frap, Employee Advances for business trip 1,500 12/30/2022 Honest Bee Meals 1,30( 01/02/2023 Bonds and Papers Office Supplies 2,80( 01/03/2023 Mr. Taxi U Transportation 1,550 The count of remaining bills and coins in the petty cash box were as follows: Bills Counted Coins Counted P100 2 pieces P1.00 20 pieces 50 3 pieces 0.50 500 pieces 20 4 pieces 0.25 200 pieces A replenishment check amounting to P1,650 was also found inside the petty cash box. How much is the balance of petty cash fund reported in its December 31, 2022 statement of financial position?
Transcribed Image Text:AA Company established as petty cash fund of P15,000. Details of the PCF are as follows: Unreplenished expense vouchers: Date Payee Description Amount 12/21/2022 Coffee Bean Coffee and pastries P1,400 12/26/2022 Anytime Pitnes Zumba for employees 1,200 12/28/2022 Frap, Employee Advances for business trip 1,500 12/30/2022 Honest Bee Meals 1,30( 01/02/2023 Bonds and Papers Office Supplies 2,80( 01/03/2023 Mr. Taxi U Transportation 1,550 The count of remaining bills and coins in the petty cash box were as follows: Bills Counted Coins Counted P100 2 pieces P1.00 20 pieces 50 3 pieces 0.50 500 pieces 20 4 pieces 0.25 200 pieces A replenishment check amounting to P1,650 was also found inside the petty cash box. How much is the balance of petty cash fund reported in its December 31, 2022 statement of financial position?
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