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Problem 9-5 (ACP) Efficient Company showed the following information: Cash in bank balance, March 31 Book credits for April Book debits for April 720,000 800,000

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Problem 9-5 (ACP) Efficient Company showed the following information: Cash in bank balance, March 31 Book credits for April Book debits for April 720,000 800,000 Bank statement balance, March 31 Bank debits Bank credits 330 530,000 Note collected by bank: 60,000 100,000 March April Service charge: March April 8,000 2,000 NSF check: March April 20,000 30,000 Deposit in transit: March 31 April 30 80,000 Outstanding checks: 178,000 372,000 March 31 April 30 Required: Prepare a proof of cash for the month of April following thie "book to bank" method. 288

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