In an audit of Mindanao Company on December 31, 2021, the following data are gathered:Balance per bookBank chargesOutstanding checksDeposit in transitCustomer note collected by bank1,000,0003,000235,000300,000375,00015,00062,000250,000Interest on customer noteCustomer check retumed NSFDepositor's note charged to accountWhat is the adjusted cash in bank on December 31, 2021?

Particulars Amount Balance As per Cash Book 1000000 Less: Bank Charges (3000) Less:…

In an audit of Mindanao Company on December 31, 2021, the following data are gathered: Balance per book Bank charges Outstanding checks Deposit in transit Customer note collected by bank Interest on customer note Customer check retumed NSF 1,000,000 3,000 235,000 300,000 375,000 15,000 62,000 250,000 Depositor's note charged to account What is the adjusted cash in bank on December 31, 2021?

In an audit of Mindanao Company on December 31, 2021, the following data are gathered: Balance per book Bank charges Outstanding checks Deposit in transit Customer note collected by bank Interest on customer note Customer check retumed NSF 1,000,000 3,000 235,000 300,000 375,000 15,000 62,000 250,000 Depositor's note charged to account What is the adjusted cash in bank on December 31, 2021?

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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please make it book balance of cash and bank balance of cash clearly
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