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The following information pertains to the cash transactions of JNJ Company for the months of November and December 2020. Balance per bank statement: Nov. 30

The following information pertains to the cash transactions of JNJ Company for the months of November and December 2020.

Balance per bank statement: Nov. 30 - P537,400; Dec. 31 - P678,200

December debits recorded by Bank during December - P2

December credits recorded by Bank during December - P2,474,400

Deposits in Transit: Nov. 30 - P160,000; Dec. 31 - P225,000

Oustanding Checks: Nov. 30 - P143,000; Dec. 31 - P118,000

Balance per JNJ Company ledger: Nov. 30 - P? ; Dec. 31 - P?

Total debits to cash per JNJ Company books during December - P2,500,000

Total credits to cash per JNJ Company books during December - P2,320,000

Bank Service Charges(recorded by the depositor in the month following the month of charge):

November - P1,200; December - P800

Bank credit memo for customer's note collected by bank in November (face value P60,000 plus interest P600), recorded by the company only in December - P60,600

Bank credit memo for proceeds of bank loan granted by the bank on Dec. 31. - P100,000

Customer's NSF check returned by the bank (recorded by the company in the following month) returned in November - P25,000; returned in December - P14,000

You are asked to compute the following:

1. Unadjusted balance per JNJ Company ledger on Nov. 30 - P? ; and Dec. 31 - P?

2. The December debits recorded by Bank during December - P?

3. Adjusted cash balance as of Nov. 30, 2020?

4. Adjusted cash balance as of Dec. 31, 2020?

5. Adjusted receipts balance as of Dec. 31, 2020?

6. Adjusted disbursements balance as of Dec. 31, 2020?

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