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Please answer both questions. Thank you! Poni Company's accountant is preparing its October bank reconciliation and has collected the following data: Per Books Per Bank
Please answer both questions. Thank you!
Poni Company's accountant is preparing its October bank reconciliation and has collected the following data: Per Books Per Bank Oct. receipts P28,100 P26,000 Oct. disbursements 28,600 27,000 Note collected by bank 3,500 4,800 Service charge 800 500 Additionally, deposits in transit and outstanding checks on October 31 were, P7,800 and P4,100 respectively. 15. The deposits in transit as of September 30 is a. P4,400 C. P 7,000 b. P5,700 d. P11,200 16. The outstanding checks as of September 30 is a. P2,200 C. P2,800 b. P2,500 d. P5,400Step by Step Solution
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