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What is correct amount of cash and cash equivalent

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Question - On December 31, 2019, the cash and cash equivalent of SACRIZ Company had a balance of P5,000,000. An analysis shows the following details:

CURRENCY AND COICS 200,000

TIME DEPOSIT IN HSBC 500,000

CASH IN BANK- CITIBANK CHECKING ACCOUNT 2,000,000

CASH IN BANK UNION BANK (OVERDRAFT) (50,000)

UNDEPOSITED MONEY ORDERS 700,000

UNDEPOSITED CHECK FROM A CUSTOMER DATED JAN 31 2020 50,000

CASH IN BANK- SECURITY BANK (FUND FOR EXPANDED WITHOLDING TAX) 200,000

SINKING FUND CASH 400,000

GOVERNMENT TREASURY NOTES 250,000

MONEY MARKET PLACEMENTS 750,000

TOTAL 5,000,000

Required - What is correct amount of cash and cash equivalent to be reported by SACRIZ Company in its December 31, 2019 statement of financial position?

Reference no: EM132947859

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