Allare Company kept all cash in a checking account. An examination of the accountingrecords and bank statement for the month of June revealed the following information:• The cash balance per book on June 30 is P17,000,000.• A deposit of P2,000,000 that was placed in the bank's night depository on June 30 doesnot appear on the bank statement.• The bank statement shows on June 30, the bank collected note for Allare Company andcredited the proceeds of P1,900,000 to the entity's account.• Checks outstanding on June 30 amount to P600,000• Allare discovered that a check written in June for P800,000 in payment of an accountpayable, had been recorded in the entity's records as P80,000.• Included with the June Bank Statement was NSF check for P500,000 that Allare hadreceived from a customer on June 26.• The bank statement shows a P40,000 service charge for June.4. What amount should be reported as cash in bank on June 30? Balance per book, January 31Balance per bank statement, January 31Collections on January 31 but not depositedNSF check received from a customer returned by the3,130,0003,500,000550,000Bank on February 5 with the January bank statement50,000650,000Checks outstanding on January 31Bank debit memo for safety deposit box rental not recordedBy depositorA creditor check for P30,000 was incorrectly recorded in theDepositor's book asA customer check for P200,000 was recorded by theDepositor as5,000300,00020,000The depositor neglected to make an entry in its books for aCheck drawn in payment of an account payable125,0005. What is the adjusted cash in bank on January 31?Barotil Company provided the following information for the month of December:Balance per bank statementBalance per cash bookOutstanding ChecksDeposit in TransitService ChargeProceeds of bank loan, December 1, discounted for4,000,0002,700,000600,000475,00010,0006 months at 12% not recorded on company books940,000Customer's check charged back by bank for absence ofCounter signature50,000Deposit of P100,000 incorrectly recorded by bank asCheck of Buendia Company charged by bank against Barotil10,000Company Account150,000Customer's Note collected by bank in favor of BarotilCompanyFace400,00040,000440,000InterestTotal5,000Erroneous debit memo of December 28, to charge company'sCollection Fee435,000Account with settlement of bank loan200,000300,000Deposit of Buendia Company credited to Barotil Company6. What is the adjusted cash in bank on December 31?

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