What is the total book receipts for December?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the total book receipts for December?

The following data are assembled by the accountant of CPA Corporation:
Nov. 30, 2021
41,175
267,705
20,503
69,295
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.
100,713
344,543
32,200
75,280
1,800
1,500
20,625
179,538
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?
Transcribed Image Text:The following data are assembled by the accountant of CPA Corporation: Nov. 30, 2021 41,175 267,705 20,503 69,295 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. 100,713 344,543 32,200 75,280 1,800 1,500 20,625 179,538 202,250 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?
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