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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation.
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