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Data concerning the cash records of Harold Company for the months of September and October 2018 follow: a) Unadjusted book balance on September 30 amounted

Data concerning the cash records of Harold Company for the months of September and October 2018 follow:

a) Unadjusted book balance on September 30 amounted to P2,258,000

b) Total receipts per book in October, P1,400,000.

c) Total disbursements per book in October, P2,400,000.

d) Unadjusted bank balance on September 30 amounted to P2,100,000.

e) Total credits per bank in October amounted to P1,200,000.

f) Total debits per bank in October amounted to P2,500,000.

g) NSF checks on September 30 amounted to P60,000 while on October 31 amounted to P40,000.

h) Collection of accounts receivable not recorded by the company on September 30, P30,000 and P50,000 on October 31.

i) Erroneous bank charge on September 30, P10,000 and P18,000 on October 31.

j) Erroneous bank credit on September 30, P7,000 and P9,000 on October 31.

k) Understatement of check in payment of rent payable on September 30, P90,000 and P120,000 on October 31.

l) Deposit in transit on September 30, P130,000.

m) Outstanding checks on October 31, P30,000.

Required:
How much is the deposit in transit October 31?

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