Problem 7 Sandy, Inc. had the following bank reconciliation at March 31, 2004: Balance per bank statement, 3/31/04 P37,200 Add: Deposit in transit 10,300 47,500 Less: Outstanding checks 12,600 Balance per books, 3/31/04 34,900

Data per bank for the month of April 2004 follow: Deposits P42,700 Disbursements 49,700

All reconciling items at March 31,2004 cleared the bank in April. Outstanding checks at April 30,2004 totaled P5,000. There were no deposits in transit at April 30,2004. What is the cash balance per books at April 30,2004?________________________

Problem 7 Sandy, Inc. had the following bank reconciliation at March 31, 2004: Balance per bank statement, 3/31/04 P37,200 Add: Deposit in transit 10.300 47,500 Less: Outstanding checks 12,600 Balance per books, 3/31/04 34,900 Data per bank for the month of April 2004 follow: Deposits Disbursements P42,700 49,700 All reconciling items at March 31,2004 cleared the bank in April. Outstanding checks at April 30,2004 totaled P5,000. There were no deposits in transit at April 30,2004. What is the cash balance per books at April 30.2004? 25,200.00