Problem 17: Use the following information for the next five questions: Sky Blue Corporation's bank account for May and June of 2021, were as follows: May data are as follows: Balance per bank, May 31 Balance per books, May 31 Deposits in transit Checks outstanding Bank service charge 10,500 11,864 1,500 150 14 June data are as follows: Bank Books Receipts Deposits recorded Deposits received Collection by bank (P2,000 note plus interest) Disbursements Checks issued and recorded Checks paid Service charges recorded Check payment for utilities erroneously 9,000 8,100 2,100 11,800 11,500 12 14
Problem 17: Use the following information for the next five questions: Sky Blue Corporation's bank account for May and June of 2021, were as follows: May data are as follows: Balance per bank, May 31 Balance per books, May 31 Deposits in transit Checks outstanding Bank service charge 10,500 11,864 1,500 150 14 June data are as follows: Bank Books Receipts Deposits recorded Deposits received Collection by bank (P2,000 note plus interest) Disbursements Checks issued and recorded Checks paid Service charges recorded Check payment for utilities erroneously 9,000 8,100 2,100 11,800 11,500 12 14
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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