PREPARE THE BANK RECONCILIATION Alpha Co. is preparing its December 31, 20XY bank reconciliation. The following information was determined: 1. Balance per bank statement, December 31, 20XY - P180,000.00 2. Deposit in transit, December 31, 20XY - P32,000.00 3. Return of customer's check for insufficiency of funds (NSF check), December 31, 20XY - P 60,000.00

PREPARE THE BANK RECONCILIATION Alpha Co. is preparing its December 31, 20XY bank reconciliation. The following information was determined: 1. Balance per bank statement, December 31, 20XY - P180,000.00 2. Deposit in transit, December 31, 20XY - P32,000.00 3. Return of customer's check for insufficiency of funds (NSF check), December 31, 20XY - P 60,000.00

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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