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Shown below is the bank reconciliation for Bill Company for November 2018: P150,000 24,000 174,000 Balance per bank, Nov, 30, 2018 Add; Deposit in transit

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Shown below is the bank reconciliation for Bill Company for November 2018: P150,000 24,000 174,000 Balance per bank, Nov, 30, 2018 Add; Deposit in transit Total Less: Outstanding checks Bank credit recorded in error Cash balance per books, Nov. 30, 2018 P28,000 10,000 38.000 P136,000 The bank statement for December 2010 contains the following data: Total deposits Total charges, including an NSF check of P8,000 and a service charge of P400 P110,000 96,000 All outstanding checks on November 30, 2018, including the bank credit were cleared in the bank in December 2018. There were outstanding checks of P30,000 and deposits in transit of P38,000 on December 31, 2010. QUESTIONS: Based on the above and the result of your audit, answer the following: 1. How much is the cash balance per bank on December 31, 2018? 2. How much is, the December receipts per books? 3. How much is the December disbursements per books? 4. How much is the cash balance per books on December 31, 2018? 5. The adjusted cash bank balance as of December 31, 2018 is

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