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Below are the information provided by Mari&Ria Company for the preparation of proof of cash: Nov 30 Dec 31 A Cash Account Balance Php 15,822 Php 107,082 Php 8,201 Php 27,718 Php 72 39,745 B Bank Statement Balance 137,817 C Deposit in Transit D Outstanding Checks E Bank Service Charge F Customer's check deposited Dec 10, returned bybank on Dec16 marked NSF, and 12,880 30,112 60.00 9, 250 redeposited immediately; no entry made on books for return or redeposit G Notes receivable collection 71,815 80,900 Disbursements in December per bank statement P212,529 Cash receipts in December per Muntinlupa's books 236,452 Please prepare proof of cash and answer the following questions: 1. How much are the adjusted bank receipts for December? 2. How much are the adjusted book disbursements for December? 3. How much is the cash shortage as of Dec. 31?

Below are the information provided by Mari&Ria Company for the preparation of proof of cash: Nov 30 Dec 31 A Cash Account Balance Php 15,822 Php 107,082 Php 8,201 Php 27,718 Php 72 39,745 B Bank Statement Balance 137,817 C Deposit in Transit D Outstanding Checks E Bank Service Charge F Customer's check deposited Dec 10, returned bybank on Dec16 marked NSF, and 12,880 30,112 60.00 9, 250 redeposited immediately; no entry made on books for return or redeposit G Notes receivable collection 71,815 80,900 Disbursements in December per bank statement P212,529 Cash receipts in December per Muntinlupa's books 236,452 Please prepare proof of cash and answer the following questions: 1. How much are the adjusted bank receipts for December? 2. How much are the adjusted book disbursements for December? 3. How much is the cash shortage as of Dec. 31?

College Accounting (Book Only): A Career Approach
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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Below are the information provided by Mari&Ria Company for the preparation of proof of cash:

 

Please prepare proof of cash and answer the following questions:

 

  1. How much is the adjusted cash balance for December 31?
  2. How much is the adjusted cash balance as of November 30?
Below are the information provided by Mari&Ria Company for the preparation of proof of cash: Nov 30 Dec 31 A Cash Account Balance Php 15,822 Php 107,082 Php 8,201 Php 27,718 Php 72 39,745 137,817 B Bank Statement Balance C Deposit in Transit D Outstanding Checks E Bank Service Charge F Customer's check deposited Dec 10, returned bybank on Dec16 marked NSF, and 12,880 30,112 60.00 9, 250 redeposited immediately; no entry made on books for return or redeposit G Notes receivable collection 71,815 80,900 Disbursements in December per bank statement P212,529 Cash receipts in December per Muntinlupa's books 236,452 Please prepare proof of cash and answer the following questions: 1. How much are the adjusted bank receipts for December? 2. How much are the adjusted book disbursements for December? 3. How much is the cash shortage as of Dec. 31? G
Transcribed Image Text:Below are the information provided by Mari&Ria Company for the preparation of proof of cash: Nov 30 Dec 31 A Cash Account Balance Php 15,822 Php 107,082 Php 8,201 Php 27,718 Php 72 39,745 137,817 B Bank Statement Balance C Deposit in Transit D Outstanding Checks E Bank Service Charge F Customer's check deposited Dec 10, returned bybank on Dec16 marked NSF, and 12,880 30,112 60.00 9, 250 redeposited immediately; no entry made on books for return or redeposit G Notes receivable collection 71,815 80,900 Disbursements in December per bank statement P212,529 Cash receipts in December per Muntinlupa's books 236,452 Please prepare proof of cash and answer the following questions: 1. How much are the adjusted bank receipts for December? 2. How much are the adjusted book disbursements for December? 3. How much is the cash shortage as of Dec. 31? G
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