5-1 PROOF OF CAST JUNE RECEIPTS DISBURSE JULY 30 MENT 31 Balone Per Pock 1,000, 000 O Note collected 4,000,000 3,Gco, co0 1,400,000 300 coo (s00 000) June NSE Check June CI00,000) July కొంది 500, 000 a Service Chorge (4,000) (4, co0) June July Adjutred Acck C1000) 1.899,c00 L000 L196, c00 4, 200 c00 3,493,00 Balonce COO
5-1 PROOF OF CAST JUNE RECEIPTS DISBURSE JULY 30 MENT 31 Balone Per Pock 1,000, 000 O Note collected 4,000,000 3,Gco, co0 1,400,000 300 coo (s00 000) June NSE Check June CI00,000) July కొంది 500, 000 a Service Chorge (4,000) (4, co0) June July Adjutred Acck C1000) 1.899,c00 L000 L196, c00 4, 200 c00 3,493,00 Balonce COO
Chapter6: Investing And Financing Activities
Section: Chapter Questions
Problem 4.9C
Related questions
Question
Is this correct in preparing for a proof of cash?
Transcribed Image Text:AAA A
BB
PROOF OF CASTI
JUNE
RECEIPTS
DISBURSE
JULY
30
MENT
31
Balonce Per Pook 1,000, 000
Note Collected
4,000,co0
3, Gco, c00
L400,000
June
300 coD
(s0o.00)
NSE Check
June
C100,000)
G00,000)
July
500,c00
500, 000
Service Chorge
June
(4.000)
C4, Co0)
C1000)
1.899.c00
July
Ad jusred Acck
L96, c00
4, 200, c00
3,493,00
Balonce
Transcribed Image Text:aflu
d. Deposits in
receipts f
Adiusted
1,695.000
receipts f
PROBLEMS
Problem 3-1 (ACP)
Sassy Company provided the following data for the month of
July:
Cash in bank
End ni bank
Balance June 30
Book debits for July including June CM
for note collected, P300,000TPenk to bosk
Book credits for July including June NSF
of P100,000 and service charge of P4,000
1,000,000 ,
4,000,000
Bank statement for July
3,600,000
Balance June 30
Bank debits for July including service
charge of PI,000and June outstanding
checks of P854,600 =
Bank credits for July including CM for
bank loan of P500,000 and June deposit in
transit of P400,000
1,650,000
2,500,000
3,500,000
Required:
Prepare bank reconciliation on June 30 and July 31, and
adjusting entries on July 31.
c00
000
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