e following information was included in the bank reconciliation for Keith Company for July. Checks and charges recorded by bank in July, including a July service charge of P30 P17,210 Service charge made by bank in June and recorded on the books in July 20 Total of credits to Cash in all journals during July 19,802 Customer's NSF check returned as a bank charge in July (no entry made on books) 100 Customer's NSF check returned in June and redeposited in July (no entry made on books in either June or July) 250 Outstanding checks at July 31 13,260 Deposits in transit at July 31 600 Question: How much is the outstanding checks at July 17 a. P10,558
The following information was included in the bank reconciliation for Keith Company for July.
Checks and charges recorded by bank in July, including a July service charge of P30 P17,210
Service charge made by bank in June and recorded on the books in July 20
Total of credits to Cash in all journals during July 19,802
Customer's NSF check returned as a bank charge in July (no entry made on books) 100
Customer's NSF check returned in June and redeposited in July
(no entry made on books in either June or July) 250
Outstanding checks at July 31 13,260
Deposits in transit at July 31 600
Question:
How much is the outstanding checks at July 17
a. P10,558
b. P10,658
c. P10,668
d. P15,962
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