3. Lim’s bank balance on July 1 was ₱20,475. Since then, she has made the following deposits: ₱10,800; ₱516; ₱2,323; and ₱1,974. She also issued the following checks: ₱39,371.60; ₱1,348; and ₱18,407. At the end of the month, she had to pay a bill in the amount of ₱12,429.40. What additional deposit did she have to make in order to still have a remaining balance of ₱10,110

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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3. Lim’s bank balance on July 1 was ₱20,475. Since then, she has made the following deposits: ₱10,800; ₱516; ₱2,323; and ₱1,974. She also issued the following checks: ₱39,371.60; ₱1,348; and ₱18,407. At the end of the month, she had to pay a bill in the amount of

₱12,429.40. What additional deposit did she have to make in order to still have a remaining balance of ₱10,110 after meeting this obligation?

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