rish, Inc. had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20  P37,200 Add: Deposit in transit   10,300 Sub-total 47,500 Less: Outstanding checks   12,600 Balance per books, 3/31/20 P34,900     Data per bank for the month of April 2020 follow:   Deposits P46,700 Disbursements 49,700 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled P6,000. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.