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ABC Company provided the following information at year-end

comprising the cash account:


Bills and coins
400,000
Cash in bank – demand deposit 5,000,000
Cash in bank – savings deposit 1,000,000
Certificate of time deposit, 2 yrs 1,500,000
Postage stamps unused 5,000
Money order 50,000
Manager check
100,000
Traveler check
1,000,000
Bank Draft
60,000
Postdated customer check 500,000
Change Fund 22,000
Petty Cash Fund
50,000
Emergency Fund 175,000

Compute for the total amount of cash at year end.


Answer : 7,857,00

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