Plsss help me NSF check returned with 4/30/04 bank statement141date). The bank charged Steve's account for P14,265,including a protest fee of P42.The deposit on June 24 was recorded on the books asP2,895 but it was actually a deposit of P2,700.d. Outstanding checks totaled P9,885 as of June 30.There were bank service charges for June of P210 not yetс.e.recorded on the books.i Steve's account had been charged on June 26 for acustomer's NSF check for P1,296.Steve properly deposited P600 on June 3 but it was notg.recorded by the bank.h. Receipts on June 30 for P13,425 were recorded by the bankon July 2.A bank memo stated that a customer's note for P4,500 andinterest of P165 had been collected on June 27, and thebank charged a P36 collection fee.i.How much is the adjusted balance of cash on June 30?a. 34,890(Adapted)b. 41,230b. 58,920d. 62,8903. If the month-end bank statement shows a balance of P28,000,outstanding checks are P12,000, a deposit of P4,000 was intransit at month end, and a check for P500 was erroneouslycharged by the bank against the account, the correct balance inthe bank account at month end isa. P19,500.(Adapted)b. P20,500.c. P12,500. d. P35,500.n preparing its April 2004 bank reconciliation, Gregg, Inc. hasmade available the following information.per bank statement, 4/30/04BalanceP30,1404504,000Deposits in transit, 4/30/04Outstanding checks, 4/30/04Bank service charges for April5,20020 a. P28,800.Adapted)b. P28,200.c. P28,100.d. P26,500.the Da. P19,50(Adapted)2. The books of Steve's Service, Inc. disclosed a cash balance ofP68,757 on June 30. The bank statement as of June 30 showed abalance of P54,780. Additional information that might beuseful in reconciling the two balances follows:Check number 748 drawn for P3,000 was originallyrecorded on the books as P4,500.b. A customer's note dated March 25 was discounted onApril 12. The note was dishonored on June 29 (maturity4. In preparizmade avaiBalance per baNSF check reta.Deposits in traOutstanding cBank service c

The bank reconciliation statement is prepared to adjust the cash balance and bank balance to make…

Answered: How much is the adjusted balance of…

How much is the adjusted balance of cash on June 30? a. 34,890 b. 41,230 b. 58,920 d. 62,890 (Adapted)

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Chapter1: Financial Statements And Business Decisions

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