(Adapted) was 5. Stiner, Inc.'s checkbook balance on December 31, 2004 P27,200. In addition, Stiner held the following items in its safe on December 31: (1) A check for P450 from Peters, Inc. received (and dated) (2) An NSF check from Garner Co. amounting to P700 that December 30, 2004; not included in the checkbook balance had been deposited with the bank but was returned December 29 due to lack of sufficient funds. The check was to be redeposited on January 3, 2005. The original deposit has been included in the December 31 checkbook balance. (3) Coins and currencies amounting to P1,450. The proper amount to be reported on Stiner's balance sheet for cash at December 31, 2004 is a. P27,500. c. P28,400. b. P26,950. d. P27,950. (Adapted) 6. The cash account shows a balance of P38,000 before reconciliation. The bank statement does not include a deposit of P2,300 made on the last day of the month. The bank statement shows a collection by the bank of P940 and a customer's check for P220 was returned because it was NSF. A customer's check for P450 was recorded on the books as P540, and a check written for P79 was recorded as P97. The correct balance in the cash account was a. P38,612. c. P38,828. b. P38,648 d. P40,948. (Adapted)