In connection with your examination, the Seann Company presented to you the following information regarding its Cash in Bank account for the month of June of the current year: A.) Balances per bank statements: May31, P1,250,000, and June 30, P1,350,000.

B.) Balances of cash in bank account in company's books: May 31, P1,251,000, and June 30, P1,051,000.

C.) Total charges in the bank statement during June were P1,300,000.

D.) Undeposited receipts were: May1, P200,000 and June 30, P153,000.

E.) Outstanding checks as of May 31, P150,000.

F.) Erroneous bank credits were: May 31, P45,000 and June 30, P17,000.

G.) Erroneous bank charge were: May 31, P20,000 and June 30, P30,000.

H.) Collections by bank not recorded by Company were P125,000 in May and P150,000 in June.

I.) NSF not entered in company's books were: May 31, P110,000 and June 30, P75,000. J.) Customer's check deposited in May amounting to P21,000 was erroneously entered in the books as P12,000. Assume that this was corrected in June.

Based on the above and the result of your audit, answer the following:

1.) How much were the cash disbursements per books in June?

2.) How much are the outstanding checks at the end of June?

3.) How much is the adjusted cash balance as of May 30?

4.) How much is the adjusted book disbursements for June?

5.) How much is the adjusted cash balance as of June 30?

6.) What is the adjusting entry at the end of June that the company would make?