Below arethe transactions for the month of August. Present the effects of the transactions in the book and bank records. The rst step is prepared for you. See below I. A cash sale worth P500000 was processed for a customer. The check received from the customer was immediately deposited to the bank. 2. A note payable worth P150000 was paid using a check. The payee creditor mm check within the month of August. 3. Another check worth P20.000 was issued to a supplier. The supplier only encashed the check on October 5, 2019. 4. The bank collected an account receivable in favor of the I company for P50,000. The company was only notified of such collection in September. 5. A service charge worth P3,000 was deducted by the bank from the balance of ABC Company. The depositor was only informed of such decrease upon the receipt of the August bank statement on September 3. 2019. 6. The company received P411000 payment from a customer. Due to the negligence of the treasurer. the bank only W 6. The company received P49,000 payment from a customer. Due to the negligence ofthe treasurer, the bank only received the amount on September 5. 2019. T. A cash receipt from a customer was correctly recorded by the book as P20,000. The bank teller erroneously recorded it as P2,000 only. 3. The company incorrectly recorded a check payment as P1600 when it should have been recorded as P6500. 9. The book inadvertently recorded a P5.000 cash receipt twice. I 10. The bank teller 0100th that a P341000 check it received was from ABC Company, when in fact it was from CBA. Company. The bank erroneously deducted P30,000 from accounts of ABC Company. Cash in Bank Cash in ABC Co