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As of June 30, 2021, the bank statement of Relay Company had an ending balance of P373,612. The following data were assembled in the course
As of June 30, 2021, the bank statement of Relay Company had an ending balance of P373,612. The following data were assembled in the course of reconciling the bank balance. The bank erroneously credited Relay Company for P2,150 on June 19. During the month, the bank charged NSF checks amounting to P2,340 of which P800 had been redeposited on the 24th of June. Collection for June 30 totaling P10,330 was deposited the following month. Checks outstanding as of June 30 were P30,205. Notes collected by the bank for Relay Company were P8,150 and the corresponding charges were P50. What is the adjusted bank balance on June 30, 2021? O P358,147 P351,587 P353,927 O P359,687
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