Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data are available for the Cash in bank of a company for February of the current year: A. Checks issued by the company

The following data are available for the Cash in bank of a company for February of the current year:

A. Checks issued by the company during February, P130,000.

B. Outstanding checks, January 31, P52,000.

C. Customer's check representing receipts in January amounting to P12,000 was erroneously recorded by the company as P21,000.

D. Check of the company in January amounting to P20,000 was erroneously recorded by the company as P2,000.

E. Checks paid by the bank in February, P150,000.

F. Erroneous bank credit in January, P10,000.

G. Erroneous bank charge in February, P12,000.

H. Bank service charge, January, P2,000.

I. Bank service charge, February, F3,000.

Required: What is the unadjusted book disbursements in February?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Outline the effect of positive and negative emotions on health.

Answered: 1 week ago

Question

assess the infl uence of national culture on the workplace

Answered: 1 week ago