Balance per book P5,000,000 Deposit in transit P3,000,000 Outstanding check P 850,000 Bank service charge for the month of December P 50,000 Customer's check returned by bank marked NSF P 500,000 Customer's note collected by bank Face, P2,000,000; Interest P200,000; Collection fee, P50,000 P2,150,000 What is the cash balance per bank statement on December 31, 2010?

Balance per book P5,000,000 Deposit in transit P3,000,000 Outstanding check P 850,000 Bank service charge for the month of December P 50,000 Customer's check returned by bank marked NSF P 500,000 Customer's note collected by bank Face, P2,000,000; Interest P200,000; Collection fee, P50,000 P2,150,000 What is the cash balance per bank statement on December 31, 2010?

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 4.9C

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