OBLEMS problem 9-1 (AcP) Sassy Company provided the following data for the month of July Cash in bank Balance June 30 Book debte ook debita for July including June CM for note collected, P300,000 Rook credita for July includingJune NSF 1,000,000 4,000,000 3,600,000 of P100,000 and service charge of P4,000 Bank statement for July Balance June 30 Rank debits for July including eervice 1,650,000 of P1,000 and June outstanding of P854,000 Bank credits for July including CM for 2,500,000 bank loan of P500,000 and June deposit irn transit of P400,000 Required: Prepare bank reconciliation on June 30 and July 31, and adjusting entries on July 31. Problem 9-2 (ACP) Beehive Company provided the following information: Balance per book October 31 3,500,000 Reciipts per book for November (collection from 600,000 customer, P100,000 Disbursements per book for November as P10,000) 2,200,000 (check for P300,000 in payment of account recorded as P30,000) Balance per bank statement November 30 Deposit in transit October 31 Outstanding checks November 30 Bank receipts for November including an 1,800,000 930,000 300,000 400,000 erroneous credit of P100,000 which should have been credited to Beeline Company 2,500,000 Bank disbursements for November including check of Beeline Company, P200,000 1,970,000 Required Prepare bank reconciliation on October 31 and November 30, and adjusting entries on November 30. 285