14. The books of Hotsilog Service Inc. disclosed a cash balance of P48,757 on June 30. The bank statement asof June 30 showed a balance of P54,780. Additional information that might be useful in reconciling the twobalances follows:a. Outstanding checks totaled P9,885 as of June 30.b. Deposit in transit totaled P13,425 as of June 30.C.There were bank service charges for June of P210 not yet recorded on the books.d. Hotsilog's account had been charged on June 26 for a customer's NSF check for P1,296.e. A bank memo stated that a customer's note for P9,000 and interest of P164 had been collected onJune 27.f.Check payable to creditors for P3,000 was erroneously recorded on the books as P4,500.g. The deposit of June 24 was recorded on the books as P2,895, but it was actually a deposit of P2,700.h. Hotsilog's account had been credited by the bank for P600. This amount should have been credited toLangsilog.How much is the correct cash balance at the end of the month?A. 57,720C. 58,920B. 57,270D. 58,290

14. The books of Hotsilog Service Inc. disclosed a cash balance of P48,757 on June 30. The bank statement as of June 30 showed a balance of P54,780. Additional information that might be useful in reconciling the two balances follows: a. Outstanding checks totaled P9,885 as of June 30. b. Deposit in transit totaled P13,425 as of June 30. С. There were bank service charges for June of P210 not yet recorded on the books. d. Hotsilog's account had been charged on June 26 for a customer's NSF check for P1,296. A bank memo stated that a customer's note for P9,000 and interest of P164 had been collected on е. June 27. f. Check payable to creditors for P3,000 was erroneously recorded on the books as P4,500. g. The deposit of June 24 was recorded on the books as P2,895, but it was actually a deposit of P2,700. h. Hotsilog's account had been credited by the bank for P600. This amount should have been credited to Langsilog. How much is the correct cash balance at the end of the month? A. 57,720 B. 57,270 C. 58,920 D. 58,290