Reporting of cash
At December 31, 2020, Burkina Ltd.'s general ledger Cash balance was $24,600. In addition, Burkina held the following items in its safe on December 31:
1. A cheque for $780 from Zambia Ltd. received December 30, 2020, which was not deposited until January 2, 2021.
2. A cheque from Zanzibar Inc. for $1,800 that had been deposited on December 20, but was returned NSF on December 29. The cheque was to be re-deposited on January 3, 2021. The original deposit has been included in the December 31 chequebook balance.
3. Coin and currency on hand: $2,630.
Instructions
Calculate the proper amount to be reported as cash on Burkina's statement of financial position at December 31, 2020.

Question

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The Answer of Reporting of cash
At December 31, 2020, Burkina Ltd.'s general ledger Cash balance was $24,600. In addition, Burkina held the following items in its safe on December 31:
1. A cheque for $780 from Zambia Ltd. received December 30, 2020, which was not deposited until January 2, 2021.
2. A cheque from Zanzibar Inc. for $1,800 that had been deposited on December 20, but was returned NSF on December 29. The cheque was to be re-deposited on January 3, 2021. The original deposit has been included in the December 31 chequebook balance.
3. Coin and currency on hand: $2,630.
Instructions
Calculate the proper amount to be reported as cash on Burkina's statement of financial position at December 31, 2020.

Reporting of Cash At December 31, 2020, Burkina Ltd.'s General Ledger Cash Balance