Durias Company prepared the following bank reconciliation on March 31: 4,650,000 1,000,000 5,650,000 (1,250,000) 4,400,000 Balance per bank Statement, March 31 Deposit in Transit Total Outstanding Checks Balance per Book, March 31 Data per Bank Statement for the month of April follow: Deposits Disbursement 6,000,000 5,000,000 All reconciliation items on March 31 cleared through the bank in April. Outstanding checks on April 30 totaled P750,000 and deposits in transit amounted to P1,500,000. 23. What is the adjusted cash in bank on April 30? 24. What is the cash balance per ledger on April 30? 25. What is the amount of cash receipts per book in April? 26. What is the amount of cash disbursement per book in April?
Durias Company prepared the following bank reconciliation on March 31: 4,650,000 1,000,000 5,650,000 (1,250,000) 4,400,000 Balance per bank Statement, March 31 Deposit in Transit Total Outstanding Checks Balance per Book, March 31 Data per Bank Statement for the month of April follow: Deposits Disbursement 6,000,000 5,000,000 All reconciliation items on March 31 cleared through the bank in April. Outstanding checks on April 30 totaled P750,000 and deposits in transit amounted to P1,500,000. 23. What is the adjusted cash in bank on April 30? 24. What is the cash balance per ledger on April 30? 25. What is the amount of cash receipts per book in April? 26. What is the amount of cash disbursement per book in April?
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter8: Internal Control And Cash
Section: Chapter Questions
Problem 21E
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Transcribed Image Text:Durias Company prepared the following bank reconciliation on March 31:
Balance per bank Statement, March 31
Deposit in Transit
Total
4,650,000
1,000,000
5,650,000
Outstanding Checks
Balance per Book, March 31
Data per Bank Statement for the month of April follow:
Deposits
Disbursement
(1,250,000)
4,400,000
6,000,000
5,000,000
All reconciliation items on March 31 cleared through the bank in April.
Outstanding checks on April 30 totaled P750,000 and deposits in transit amounted to P1,500,000.
23. What is the adjusted cash in bank on April 30?
24. What is the cash balance per ledger on April 30?
25. What is the amount of cash receipts per book in April?
26. What is the amount of cash disbursement per book in April?
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