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Problem (please refer to the picture.)

Problem (please refer to the picture.)

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 11MC
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B. Problem (please refer to the picture.)
B. Problem: You work for ABC Company, You were tasked to prepare the deposit slips, withdrawal slips and bank check for today, October 10,2021. You will use the company's BD0 accounts. Deposit to checking account number 000123456789. The deposits are composed of the following : Cash deposit of Php 145,670- composed of Php 1000 bills, 80 pieces of Php 500 bills,25 pieces of Php 200 bills, 6 pieces of Php 100 bills, 1 piece each Php 50 bill and Php 20 bill. Check deposit of Php 567,890- composed of 3 checks. China Bank-Legaspi branch with check number 00056743 for Php 235,670 RCBC Bank- Ligao branch with check number 00087654 for Php 125,688 BDO- Tabaco branch with check number 00056799 for Php 206,532.
Transcribed Image Text:B. Problem: You work for ABC Company, You were tasked to prepare the deposit slips, withdrawal slips and bank check for today, October 10,2021. You will use the company's BD0 accounts. Deposit to checking account number 000123456789. The deposits are composed of the following : Cash deposit of Php 145,670- composed of Php 1000 bills, 80 pieces of Php 500 bills,25 pieces of Php 200 bills, 6 pieces of Php 100 bills, 1 piece each Php 50 bill and Php 20 bill. Check deposit of Php 567,890- composed of 3 checks. China Bank-Legaspi branch with check number 00056743 for Php 235,670 RCBC Bank- Ligao branch with check number 00087654 for Php 125,688 BDO- Tabaco branch with check number 00056799 for Php 206,532.
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