Ending balance, December 31 Bank service charge for December Interest paid by bank to Stellar Company for December In comparing the bank statement to its own cash records, the entity found the following Deposit made but not yet reconded by the bank Checks written and mailed but not yet recorded by the hank In addition, the entity discovered that it had draw and erroneously recorded a check for P46,000 that should have been recorded for P64,000. What is the cash balance per ledger on December 31? 2,800,000 12,000 10,000 350,000 650,000

Ending balance, December 31 Bank service charge for December Interest paid by bank to Stellar Company for December In comparing the bank statement to its own cash records, the entity found the following Deposit made but not yet reconded by the bank Checks written and mailed but not yet recorded by the hank In addition, the entity discovered that it had draw and erroneously recorded a check for P46,000 that should have been recorded for P64,000. What is the cash balance per ledger on December 31? 2,800,000 12,000 10,000 350,000 650,000

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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