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How much is the adjusted receipts for the month of November? please show complete solutions. 2. In reconciling the Cash in bank of Highest Company
How much is the adjusted receipts for the month of November?
please show complete solutions.
2. In reconciling the Cash in bank of Highest Company with the bank statement balance for the month of November 2019, the following data are summarized: P800,000 900,000 Total book receipts - November Bank receipt - November Credit memo for note collection: October November Credit memo for November bank loan Deposit in transit for October Erroneous bank credit for November Erroneous bank credit for October corrected by bank in November Erroneous book credit during November Erroneous book credit during October corrected by the Company during November Debit memo for service charge - October Debit memo for service charge - November Erroneous book debit - November Erroneous bank debit - November Book disbursement - November Bank disbursement - November Outstanding check - October 60,000 75,000 100,000 120,000 25,000 50,000 5,000 10,000 6,000 8,000 20,000 65,000 600,000 700,000 80,000Step by Step Solution
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