On June 30, 2021, the bank statement of Bougainvilla Company had an ending balance of P3,735.000. The following data were assembled in the course of reconciling the bank balance: The bank erroneously credited Bougainvilla Company for P21,000 on June 22. • During the month, the bank charged back NSF checks amounting to P23,000 or which P8,000 had been redeposited by June 25. • Collection for June 30 totaling P103,000 was deposited the following month. • Checks outstanding on June 30 amounted to P302,000. Note collected by the bank for Bougainvilla Company was P80,000 and the corresponding bank charge was P5,000. What is the unadjusted cash in bank per ledger on June 30, 2021?

On June 30, 2021, the bank statement of Bougainvilla Company had an ending balance of P3,735.000. The following data were assembled in the course of reconciling the bank balance: The bank erroneously credited Bougainvilla Company for P21,000 on June 22. • During the month, the bank charged back NSF checks amounting to P23,000 or which P8,000 had been redeposited by June 25. • Collection for June 30 totaling P103,000 was deposited the following month. • Checks outstanding on June 30 amounted to P302,000. Note collected by the bank for Bougainvilla Company was P80,000 and the corresponding bank charge was P5,000. What is the unadjusted cash in bank per ledger on June 30, 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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