Reconciliation of Violet Companys 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:

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

The deposits in transit on June 30 amount to