On December 31, 2019, ONE PIECE CORP reported the following as composition of its Cash and Cash

Equivalents line item in its Statement of Financial Position:

Cash on hand 300,000

Cash in bank - TRAFALGAR BANK 400,000
Cash in bank-SMOKER BANK (30,000)
Manager's check 50,000
Time deposit - TRAFALGAR BANK 2,000,000
Postage stamps 10,000
Escrow deposit 100,000
Demand deposit - ZORRO BANK 300,000
Payroll account - ZORRO BANK 500,000
Treasury note 50,000
Treasury Shares 90,000
Treasury bills purchased 12/25/2019 maturing 4/1/2020 120,000
Cash in RESTRICTED BANK 300,000
Cash in bank- ACE BANK 150,000
Money market placement due 6/2/2020 100,000
Money market placement due 2/5/2020 80,000
Revolving fund 40,000
Contingency fund 30,000
Payroll fund 100,000
Dividend fund 40,000
Fund for acquisition of PPE 200,000
Unused Credit line 100,000
Customers Postdated Check 60,000
IOUs from employees 90,000
Foreign bank account – Unrestricted (in equivalent peso) 200,000
Petty cash fund 50,000
Travelers Check 200,000

Additional information:
• Accounts payable of P16,400 was paid in January 2020. The payments on which a P1,400 cash
discount has been taken were recorded on cash on hand in the December 31, 2019.
• Drawn against cash in TRAFALGAR bank were check amounting to P40,000 dated December 26,
2019 still on one of the drawer of the accountant in the treasury department.
• Demand deposit to ZORRO bank is restricted for the company's plant expansion next year.
• Cash in bank in RESTRICTE BANK includes an informal compensating balance of P40,000 for long-
term borrowing arrangement.
• Cash in bank in ACE BANK includes restricted compensating balance of P50,000 for short-term
borrowing arrangement.
• The petty cash fund included unreplenished December 2019 petty cash expense vouchers for
P15,000.

REQUIREMENT(S):
1. How much is cash?
2. How much is cash equivalents?
The following information was provided by Gear4 INC. in preparing its current months bank recon:

Balance per bank statement 9/30/2019 2,000,000

Outstanding checks (with certified check of P100,000) 400,000
Deposit placed in the bank's night depository on September 30 600,000
Bank service charge 10,000
Proceeds of bank loan not recorded by Gear4 100,000
Customer's check charged by the bank due to lack of counter signature 20,000
Amount erroneously credited by bank to Gear4's account 50,000
A supplier check for P10,000 was incorrectly recorded by Gear4 as 100,000
Notes collected by the bank for Gear4 150,000
A customer check for P150,000 was incorrectly recorder by Gear4 as 15,000
NSF checks not recorded on books nor redeposited 25,000
Check of Gear3 charged by the bank to Gear4 INC. 60,000
Deposit of Gear4 INC. credited by the bank to Gear5 INC. 100,00
Check issued by Gear4 INC. charged by the bank to Gear6 CORP. 40,000

REQUIREMENT(S):
3. Adjusted cash in bank balance for the month of September
4. Unadjusted balance per book at the end of September?
 Josh Company provided you with the following information as of December 31, 2022:

REQUIREMENT(S):
5. How much is the total trade receivables?
6. How much is the total current assets?
7. How much is the total non-current assets?