The following information are available for ABC Corp at Dec 31: Cash in BDO, P100,000 (compensating balance is P25,000) Cash in BPI, (P2,000) Cash in Metrobank $2,000 Cash on hand, P6,000 (includes post dated check of P1,000) Change Fund P5,000 Petty Cash Fund, P3,000 (includes petty cash voucher of P500) Exchange rate is P48 : $1 How much is the cash balance at Dec 31?     100,000 207,500 208,500 209,500

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Q: Dec. 1 Cash deposit P 16,200 1 Check issued Check issued Check issued 5 Check deposit 6 Check issued…

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Q: TS TaeKook Co. provided the following data on December 31, 2020: Cash- P1,800,000 Accounts…

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Q: Tranvia Company revealed the following information on December 31, 20X1:   Cash in checking…

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Q: The following information pertains to Park Company at December 31, 1998: Bank statement balance…

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Q: The following data pertain to Pauline Corporation on December 31, 2020: Current account at Metrobank…

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Q: The following are items found in the records of ABC Corp at Dec 31, 20X1:     Cash in BPI , P102,000…

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Q: The bank statement of ABC Corp disclosed a cash balance of P687,000 at Dec 31. Additional…

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Q: Mackie Company had the following information on March 31, 2023: 1. Cash balance per bank, March 31,…

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Q: The following information is about the cash balances for Mooner Sooner Inc.: Company balance: $5,020…

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A:

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Q: a. Cash on the books as of June 30, 2022 amounted to $4,098.00. Cash on the bank statement for the…

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Q: The books of ABC Corp disclosed a cash balance of P687,000 at Dec 31. Additional information showed…

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Q: BMI Inc's March 31 bank statement balance was $70,000. As of March 31, outstanding checks total…

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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.