Enterina Company provided the following bank reconciliation on May 31: Balance per bank statement Deposits Outstanding Checks Outstanding Correct Cash Balance 2,100,000 300,000 130.000) 2.370.000 Balance per book Bank Service Charge Correct Cash Balance nonem 2,372,000 2,000 pA ug Eubjok2.370.000 Data for the month of June: Bank Book Checks recorded 2,300,000 2.360,000 1,800,000 Deposits recorded Collection by Bank (P400,000 note plus interest) NSF Check returned with June 30 statement Balances 1,620,000 420,000 10,000 1,830,000 1,810,000 re Gubiorcce pon couLScna beu 29. What is the amount of checks outstanding on June 302 30. What is the amount of deposits in transit on June 30? 31. What is the adjusted cash in bank on June 302 enticinism o
Enterina Company provided the following bank reconciliation on May 31: Balance per bank statement Deposits Outstanding Checks Outstanding Correct Cash Balance 2,100,000 300,000 130.000) 2.370.000 Balance per book Bank Service Charge Correct Cash Balance nonem 2,372,000 2,000 pA ug Eubjok2.370.000 Data for the month of June: Bank Book Checks recorded 2,300,000 2.360,000 1,800,000 Deposits recorded Collection by Bank (P400,000 note plus interest) NSF Check returned with June 30 statement Balances 1,620,000 420,000 10,000 1,830,000 1,810,000 re Gubiorcce pon couLScna beu 29. What is the amount of checks outstanding on June 302 30. What is the amount of deposits in transit on June 30? 31. What is the adjusted cash in bank on June 302 enticinism o
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Enterina Company provided the following bank reconciliation on May 31:
Balance per bank statement
Deposits Outstanding
Checks Outstanding
Correct Cash Balance
benibni bnatomb
2,100,000
300,000
130,000)
2.370.000
to
ext
Balance per book
Bank Service Charge
Correct Cash Balance
2,372,000
| 2,000)
2.370,000
pA p sug Eubok
Data for the month of June:
Bank
Book
Checks recorded
2,300,000
1,620,000
420,000
10,000
1,830,000
Deposits recorded
Collection by Bank (P400,000 note plus interest)
2,360,000
1,800,000
NSF Check returned with June 30 statement
Balances
1,810,000
29. What is the amount of checks outstanding on June 302
30. What is the amount of deposits in transit on June 30?
31. What is the adjusted cash in bank on June 302
m nouss
melasineadA eeyolgm3
TARRAM](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61c6566f-72ee-47cd-9924-12be90689bc6%2Fb3aa4251-9948-4a75-a974-7136d4f32458%2Fvsd3qtb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Enterina Company provided the following bank reconciliation on May 31:
Balance per bank statement
Deposits Outstanding
Checks Outstanding
Correct Cash Balance
benibni bnatomb
2,100,000
300,000
130,000)
2.370.000
to
ext
Balance per book
Bank Service Charge
Correct Cash Balance
2,372,000
| 2,000)
2.370,000
pA p sug Eubok
Data for the month of June:
Bank
Book
Checks recorded
2,300,000
1,620,000
420,000
10,000
1,830,000
Deposits recorded
Collection by Bank (P400,000 note plus interest)
2,360,000
1,800,000
NSF Check returned with June 30 statement
Balances
1,810,000
29. What is the amount of checks outstanding on June 302
30. What is the amount of deposits in transit on June 30?
31. What is the adjusted cash in bank on June 302
m nouss
melasineadA eeyolgm3
TARRAM
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