17% l Globe LTE 8:03 PM umindanao.mrooms.net Balance per bank P2,225,000 Deposit in transit P1,500,000 P Outstanding check 425,000 Bank service charge for the month of December P 25,000 Customer's check returned by bank marked NSF P 250,000 Customer's note collected by bank Face, P1,000,000; Interest P100,000; Collection fee, P25,000 P1,075,000 What is the cash in bank to be shown in the December 31, 2010 statement of financial position? 1 Answer: 3,300,000