Anthony Company had the following bank reconciliation on March 31 of the current year: Balance per bank statement, March 31 4,650,000 Deposits in transit 1,000,000 Total 5,650,000 Outstanding checks 1,250,000 Balance per book, March 31 4,400,000 Data per bank statement for the month of April follow: Deposits 6,000,000 Disbursements 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. The amount of cash receipts per book in April 30 is __________.
Anthony Company had the following bank reconciliation on March 31 of the current year: Balance per bank statement, March 31 4,650,000 Deposits in transit 1,000,000 Total 5,650,000 Outstanding checks 1,250,000 Balance per book, March 31 4,400,000 Data per bank statement for the month of April follow: Deposits 6,000,000 Disbursements 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. The amount of cash receipts per book in April 30 is __________.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...
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Anthony Company had the following bank reconciliation on March 31 of the current year:
Balance per bank statement, March 31 4,650,000
Deposits in transit 1,000,000
Total 5,650,000
Outstanding checks 1,250,000
Balance per book, March 31 4,400,000
Data per bank statement for the month of April follow:
Deposits 6,000,000
Disbursements 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.
The amount of cash receipts per book in April 30 is __________.
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