22.) The following information was included in the bank reconciliation for Bayside Company for October and November 2013: Checks and charges recorded by bank in November, including a November service charge of P4,000 and NSF check of P20,000 550,000 Service charge made by bank in October and recorded by depositor in November 2,000 Total credits to cash in all jounals during November 620,000 Customer's NSF check returned in October and redeposited in November (no entry made by depositor in either October or November) 40,000 Outstanding checks on October 31,2013 that cleared in November 230,000 What is the amount of outstanding checks on November 30,2013? a. 282,000 b. 300,000 c. 322,000 d. 302,000
22.) The following information was included in the bank reconciliation for Bayside Company for October and November 2013: Checks and charges recorded by bank in November, including a November service charge of P4,000 and NSF check of P20,000 550,000 Service charge made by bank in October and recorded by depositor in November 2,000 Total credits to cash in all jounals during November 620,000 Customer's NSF check returned in October and redeposited in November (no entry made by depositor in either October or November) 40,000 Outstanding checks on October 31,2013 that cleared in November 230,000 What is the amount of outstanding checks on November 30,2013? a. 282,000 b. 300,000 c. 322,000 d. 302,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![22.) The following information was included in the bank reconciliation for
Bayside Company for October and November 2013:
Checks and charges recorded by bank in November,
including a November service charge of P4,000
and NSF check of P20,000
550,000
Service charge made by bank in October and
recorded by depositor in November
2,000
Total credits to cash in all journals during November
620,000
Customer's NSF check returned in October and
redeposited in November (no entry made by
depositor in either October or November)
40,000
Outstanding checks on October 31,2013 that
cleared in November
230,000
What is the amount of outstanding checks on November 30,2013?
a
282.000
b. 300,000
c. 322,000
d. 302,000
23 Tam Companu providing the hank roconciliation on May31](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fed4f7727-e745-4c77-a8fa-6d167f42f7c2%2Fa4e2b9a6-b003-4717-9de5-e50709de7f9b%2F18c1jr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:22.) The following information was included in the bank reconciliation for
Bayside Company for October and November 2013:
Checks and charges recorded by bank in November,
including a November service charge of P4,000
and NSF check of P20,000
550,000
Service charge made by bank in October and
recorded by depositor in November
2,000
Total credits to cash in all journals during November
620,000
Customer's NSF check returned in October and
redeposited in November (no entry made by
depositor in either October or November)
40,000
Outstanding checks on October 31,2013 that
cleared in November
230,000
What is the amount of outstanding checks on November 30,2013?
a
282.000
b. 300,000
c. 322,000
d. 302,000
23 Tam Companu providing the hank roconciliation on May31
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