The bank statement of Opus Company for April 2021 showed an ending balance of P165,000. Deposit in transit and outstanding checks on April 30 were P18,200 and P59,435, respectively. During the month of April, the bank charged back NSF checks in the amount of P3,435 of which P1,835 had been redeposited by April 30. The company made no entry for the return and for the redeposit of the checks. On April 23, the bank charged Opus Company's account for a P2,200 items which should have been charged against the account of Octopus Company; the error was not detected by the bank. During April, the proceeds from notes collected by the bank for Opus Company were P7,548 and bank service charge for the month was P180. How much is the unadjusted book balance for Cash of Opus Company at April 30, 2021?

College Accounting (Book Only): A Career Approach
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ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
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The bank statement of Opus Company for April 2021 showed an ending balance of P165,000. Deposit in transit and outstanding checks on April 30 were P18,200 and P59,435, respectively. During the month of April, the bank charged back NSF checks in the amount of P3,435 of which P1,835 had been redeposited by April 30. The company made no entry for the return and for the redeposit of the checks.

On April 23, the bank charged Opus Company's account for a P2,200 items which should have been charged against the account of Octopus Company; the error was not detected by the bank. During April, the proceeds from notes collected by the bank for Opus Company were P7,548 and bank service charge for the month was P180.

How much is the unadjusted book balance for Cash of Opus Company at April 30, 2021?

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