Problem Solving.  1.  The accountant of Dos Company is preparing a bank reconciliation with the following information: bank balance, unadjusted ? ; book balance, unadjusted P80,000; DIT P14,000; outstanding checks P32,000; CM P19,000; and DM P8,000. How much is the adjusted book balance?  2. How much is the unadjusted bank balance of Dos Company?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...
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Problem Solving. 

1.  The accountant of Dos Company is preparing a bank reconciliation with the following information: bank balance, unadjusted ? ; book balance, unadjusted P80,000; DIT P14,000; outstanding checks P32,000; CM P19,000; and DM P8,000. How much is the adjusted book balance? 

2. How much is the unadjusted bank balance of Dos Company? 

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