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  3. exercise 2 - 4 aguas company reported total cash a

Exercise 2 - 4 Aguas Company reported total cash and cash equivalents of P5,465,000 on...

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Accounting

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Exercise 2 - 4 Aguas Company reported total cash and cash equivalents of P5,465,000 on December 31, 2020, which includes the following: Two 180-day certificates of deposit, totaling P 650,000 Check dated January 6, 2021 amounting to 225,000 Cash accumulated in special fund that will be used for plant expansion 1,200,000 Commercial paper due in 100 days 1,000,000 Currency and coins in petty cash fund (including unreplenished vouchers of P2,500) 16,000 Aguas Company has agreed to maintain a cash balance of P450,000 which will not be available for withdrawal to ensure future credit availability. The said amount was included in the balance above. What is the total amount that Aguas Company should report as "cash and cash equivalents in the current assets section of the statement of financial position on December 31, 2020

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