The following data are assembled by the accountant of CPA Corporation: Nov. 30, 2021 | Dec. 31, 2021 41,175 267,705 20,503 69,295 Cash Account Balance Bank Statement Balance Deposits in Transit Outstanding Checks Bank Service Charges NSF Check* Company's Note Collected by the Bank *Redeposited in the same month. No entries made to take up the return and depos 100,713 344,543 32,200 75,280 1,800 1,500 179,538 20,625 202,250 The bank statement and the company's cash records show the following totals: • Cancelled checks and debit memos per bank statement- P545,933 • Cash receipts per cash book- P411,593 • Checks written per cash book- P529,793 • Deposits and credit memos per bank statement- P622,770 What is the total book receipts for December?
The following data are assembled by the accountant of CPA Corporation: Nov. 30, 2021 | Dec. 31, 2021 41,175 267,705 20,503 69,295 Cash Account Balance Bank Statement Balance Deposits in Transit Outstanding Checks Bank Service Charges NSF Check* Company's Note Collected by the Bank *Redeposited in the same month. No entries made to take up the return and depos 100,713 344,543 32,200 75,280 1,800 1,500 179,538 20,625 202,250 The bank statement and the company's cash records show the following totals: • Cancelled checks and debit memos per bank statement- P545,933 • Cash receipts per cash book- P411,593 • Checks written per cash book- P529,793 • Deposits and credit memos per bank statement- P622,770 What is the total book receipts for December?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
33.
Transcribed Image Text:The following data are assembled by the accountant of CPA Corporation:
Nov. 30, 2021
Dec. 31, 2021
Cash Account Balance
Bank Statement Balance
Deposits in Transit
Outstanding Checks
Bank Service Charges
NSF Check*
Company's Note Collected by the Bank
*Redeposited in the same month. No entries made to take up the return and deposit.
41,175
100,713
267,705
20,503
344,543
32,200
75,280
1,500
69,295
1,800
20,625
202,250
179,538
The bank statement and the company's cash records show the following totals:
• Cancelled checks and debit memos per bank statement- P545,933
• Cash receipts per cash book- P411,593
• Checks written per cash book- P529,793
• Deposits and credit memos per bank statement- P622,770
What is the total book receipts for December?
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