find and explain all errors also include FASB codification

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The accounts of Molloy and Company has been analyzed and based on that he errors have been found. Alignment has also been made with FASB codification. 
As per paragraph 210-20-55-18A of the FASB codification, cash on deposit at a financial institution will be considered as cash and not as the amount being owed to the depositor. But in the given accounts of Molloy and Company, both on 31st December, 2015 and 31st December, 2014, certificates of deposit have been showed separately as 125,000 and 50,000 respectively. But it should have been rather shown as cash. 
On page 2, in the GL details,

find and explain all errors also include FASB codification

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