Problem 4. You have been asked by the proprietor of the Som Co. to verify the accountability of the cashier-bookkeeper, who was allowed to take a vacation leave a few days ago. A. The bank reconciliation statements prepared by the cashier-bookkeeper are presented below: November 30, 2012 Balance per bank statement P21,500 Cash on hand 500 Total 22,000 Outstanding checks: No. 2520 2,000 2521 1,400 2522 1,900 (3,300) Erroneous bank charge 2,000 Erroneous bank credit (500) Book balance P20,200 December 31, 2012 Balance per bank statement P135,000 Cash on hand 6,300 Total 141,300 Outstanding checks: No. 2674 31,000 2675 10,300 2676 5,000 (41,300) Erroneous bank charge 3,000 Erroneous bank credit (600) Book balance P102,400 B. The Cash in Bank account in the general ledger shows the following debits and credits during December: Dec. Dec. 1 Balance 20,200 1 Check issued 2,000 2 Received from customers 4,500 5 checks issued 5,200 7 Received from customers 5,000 14 checks issued 31,000 12 Received from customers 20,000 24 checks issued 46,000 17 Received from customers 30,000 28 checks issued 7,600 23 Received from customers 9,000 27 Received from customers 70,000 31 Received from customers 48,500 31 Balance 102,400 TOTAL P198,200 TOTAL 198,200 C. The following summarized transactions were taken from the bank statement for the month of December 2012: Balance, December 1, 2012 P 16,500 Total deposits P173,700 Total deposits per bank include: a. Collection of notes receivable 5,000 b. Correction of November erroneous bank charge 2,000 c. December 10 deposits of Lava Inc. credited to Somalia 600 Total checks 65,200 Total checks per bank statement include: a. Correction of November erroneous bank credit P500 b. December check of Nile Co. charged in error to Somalia 3,000 D. Cash on hand per count in the morning of January 2, 2013 amounted to P6,300 E. Before leaving his company for a one-week vacation, the proprietor had left several signed blank checks that the cashier-bookkeeper had cashed for his personal use. Questions: a. What is the cash shortage as of November 30, 2012? b. What is the adjusted cash balance on November 30, 2012? c. The amount of unaccounted receitps in December is _________ d. The amount of unrecorded/unsupported disbursements in December is _____________ e. What is the total cash shortage as of December 31, 2012? f. What is the adjusted cash balance on December 31, 2012?