Problem 2 Sibla, Inc. had the following bank reconciliation at March 31, 2021: Balance per bank, 3/31/2021 Deposit in transit Total Outstanding checks 37,200 10,300 47,500 (12,600) 34,900 Balance per books, 3/31/2021 Data per bank for the month of April 2021 follow: Deposits 42,700 49,700 Disbursements All reconciling items at March 31, 2021 cleared the bank in April. Outstanding checks at April 30, 2021 totaled P5,000. There were no deposits in transit at April 30, 2021. 2. What is the cash balance per books at April 30, 2021?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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Problem 2
Sibla, Inc. had the following bank reconciliation at March 31, 2021:
37,200
10,300
47,500
(12,600)
34,900
P
Balance per bank, 3/31/2021
Deposit in transit
Total
P.
Outstanding checks
Balance per books, 3/31/2021
Data per bank for the month of April 2021 follow:
Deposits
Disbursements
42,700
49,700
All reconciling items at March 31, 2021 cleared the bank in April. Outstanding checks at April
30, 2021 totaled P5,000. There were no deposits in transit at April 30, 2021.
2. What is the cash balance per books at April 30, 2021?
Transcribed Image Text:Problem 2 Sibla, Inc. had the following bank reconciliation at March 31, 2021: 37,200 10,300 47,500 (12,600) 34,900 P Balance per bank, 3/31/2021 Deposit in transit Total P. Outstanding checks Balance per books, 3/31/2021 Data per bank for the month of April 2021 follow: Deposits Disbursements 42,700 49,700 All reconciling items at March 31, 2021 cleared the bank in April. Outstanding checks at April 30, 2021 totaled P5,000. There were no deposits in transit at April 30, 2021. 2. What is the cash balance per books at April 30, 2021?
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