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Jakarta Company provided the following information at month-end: Cash in the bank per bank statement P730,500 Deposit in transit 398,000 Outstanding checks (including a certified check of P37,600) 275,000 Note collected by the bank for the entity 59,200 Bank service charges 7,000 NSF checks of customers returned by bank 26,500 Error in recording a check in the book: Recorded amount P37,900 Check amount 39,700 How much is the unadjusted cash in the bank per ledger at month-end?

Jakarta Company provided the following information at month-end: Cash in the bank per bank statement P730,500 Deposit in transit 398,000 Outstanding checks (including a certified check of P37,600) 275,000 Note collected by the bank for the entity 59,200 Bank service charges 7,000 NSF checks of customers returned by bank 26,500 Error in recording a check in the book: Recorded amount P37,900 Check amount 39,700 How much is the unadjusted cash in the bank per ledger at month-end?

Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter5: Cash Control Systems
Section: Chapter Questions
Problem 2AP
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Jakarta Company provided the following information at month-end: Cash in the bank per bank statement P730,500 Deposit in transit 398,000 Outstanding checks (including a certified check of P37,600) 275,000 Note collected by the bank for the entity 59,200 Bank service charges 7,000 NSF checks of customers returned by bank 26,500 Error in recording a check in the book: Recorded amount P37,900 Check amount 39,700 How much is the unadjusted cash in the bank per ledger at month-end?
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