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SPLEASE ANSWER ASAP For items 15 - 17: BIBO company is making a four column reconciliation at December 31, 2018 from the following data. The
SPLEASE ANSWER ASAP
For items 15 - 17: BIBO company is making a four column reconciliation at December 31, 2018 from the following data. The amounts per bank statement were: balance, November 30, 2018, P 650,000; December receipts, P 1,300,000; December disbursements, P 1,100,000. The amounts per books were: balance November 30, P 763,500; December receipts, P 1,154,800, December disbursements, P 1,123,500; balance December 31, P 794,800. November 30 December 31 Deposits in transit P 120,000 P150,000 Outstanding checks 67,000 84,000 The bank overlooked a check for P 7,500 when recording a deposit on December 10. Note collected by bank, recorded after receiving the bank 180,000 statement Bank service charge, recorded after receiving the bank 4,500 6,000 statement NSF checks , recorded after receiving the bank statement 56,000 48,000 BIBO recorded a P 37,400 check received from a customer in December as P 34,700. 15. the adjusted cash balance on December 31 is 16. The corrected December receipts is 17. the adjusted December disbursements isStep by Step Solution
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