Information on ABC Co. is shown below:

30-Jul Aug. 31

Book balance 132,200 180,000

Book debits 60,000

Book credits ?

Bank balance 100,600 169,000

Bank debits 20,600

Bank credits ?

Notes collected by bank 10,000 35,000

Debit memos 7,800 8,900

Understatement of book receipts 2,800

Deposit in transit 45,000 43,800

Outstanding checks 11,200 3,900

How much is the adjusted receipts in August?

• 88,700
• Answer not given
• 78,800
• 87,800
• 80,700