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Question 4 1 pts Reconciliation of Violet Company's bank account at May 31 is: Balance per bank statement 2,100,000 Deposits in transit 300,000 Checks outstanding
Question 4 1 pts Reconciliation of Violet Company's bank account at May 31 is: Balance per bank statement 2,100,000 Deposits in transit 300,000 Checks outstanding (_30,000) Correct cash balance 2,370,000 Balance per book 2,372,000 Bank service charge 2,000) Correct cash balance 2.370,000 June data are as follows: June data are as follows: Bank Total credits P1,620.000 Total debits 2,300,000 Collection by bank (P400,000 Note plus interest) 420,000 NSF check 10,000 Balance 1,420,000 Books Deposits recorded 1,800,000 Checks recorded 2,360,000 Balance 1,810,000 Books Deposits recorded 1,800,000 Checks recorded 2,360,000 Balance 1,810.000 The deposits in transit on June 30 amount to PO O P480,000 P120,000 OP900,000
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