How much were the cash disbursement per books in June? In connection with your examination, the ABC Company presented to you the following information regarding its Cash in Bank account for the month of June of the current year: • Balance per bank statements: May 31, P1,250,000, and June 30, P1,350,000. • Balances of cash in bank account in companys books: Moy 31, P1,251,000, and June 30, P1,051,000. • Total charges in the bank statement during June were Pl,300,000. • Undeposited receipts were: May 31, P200,000 and June 30, 53,000. • Outstanding checks as of Moy 31, P150,000. • Erroneous bank credits were: May 31, P45,000 and June 30, P17,000. • Erroneous bank charges were: May 31, P20,000 and June 30, P30,000. • Collections by bank not recorded by Company were P125,000 in May and P150,000 in June. • NSF not entered in company's books were: May 31, P110,000 and June 30, P75,000. • Customer's check deposited in May amounting to P21,000 was erroneoushy entered in the books as P12,000. Assume this was corected in June.
How much were the cash disbursement per books in June?
In connection with your examination, the ABC Company presented to you the following information regarding its Cash in Bank account for the month of June of the current year:
• Balance per bank statements: May 31, P1,250,000, and June 30, P1,350,000.
• Balances of cash in bank account in companys books: Moy 31, P1,251,000, and June 30, P1,051,000.
• Total charges in the bank statement during June were Pl,300,000.
• Undeposited receipts were: May 31, P200,000 and June 30, 53,000.
• Outstanding checks as of Moy 31, P150,000.
• Erroneous bank credits were: May 31, P45,000 and June 30, P17,000. • Erroneous bank charges were: May 31, P20,000 and June 30, P30,000.
• Collections by bank not recorded by Company were P125,000 in May and P150,000 in June.
• NSF not entered in company's books were: May 31, P110,000 and June 30, P75,000.
• Customer's check deposited in May amounting to P21,000 was erroneoushy entered in the books as P12,000. Assume this was corected in June.
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