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Please answer the following. Thanks Office 365 The following table summarizes the cash transactions of Love Company for the last six months of 2020: EbscoHost

Please answer the following. Thanks

image text in transcribed Office 365 The following table summarizes the cash transactions of Love Company for the last six months of 2020: EbscoHost CASH Debit Credit Office 365 July 204,000 120,000 Chat August 140,000 220,000 September 240,000 130,000 October 340,000 180,000 November 520,000 240,000 December 560,000 360,000 Total 2,004,000 1,250,000 The following information were gathered by you during the audit: 1. Balance per book statement at July 1, 2020 - P 400,000 2. Balance per bank statement at December 31, 2020 - P 1,048,000 3. Outstanding checks, December 31, 2020 - P 84,000 4. No checks were outstanding on July 1, 2020 5. Deposit in transit at December 31, 2020 which was included in the December receipts - P 48,000 6. Bank deposits, July 1 to December 31 - P 1,828,000 QUESTION: What is the total shortage? O 152,000 O 142,000 136,000 Some other answer 132,000

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