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A company has P1,992,000 balance per book, P311,000 deposit in transit, P253,000 outstanding check, P118,000 notes collected from customer and P65,000 NSF check, what is

A company has P1,992,000 balance per book, P311,000 deposit in transit, P253,000 outstanding check, P118,000 notes collected from customer and P65,000 NSF check, what is the adjusted cash per book?

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To calculate the adjusted cash per book we need to consider the following adjustments 1 Deposit in t... blur-text-image

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