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The Waide Company cash balance on December 31, 2023, was P3,180,000. In addition, Waide has the following items on December 31: Check drawn on Waide
The Waide Company cash balance on December 31, 2023, was P3,180,000. In addition, Waide has the following items on December 31: Check drawn on Waide Company's account, payable to a vendor, dated and recorded on December 30, 2023 but not mailed until January 3, 2024. P680,450 Check drawn on Waide Company's account, payable to a supplier, dated January 4, 2024, was delivered and recorded on December 29, 2023. 146,300 Check drawn on Waide Company's account, payable to a supplier, dated November 24, 2023, was delivered and recorded on December 24, 2023. 400,000 Check payable to Waide Company, dated January 5, 2024, included in December 31 cash balance 235,500 Check payable to Waide Company, deposited December 27, and included in December 31 cash balance, but returned by bank on December 30, stamped "NSF." The check was redeposited on January 3, 2024, and cleared on January 4, 2024 341,200 Check payable to Waide Company, undeposited, dated May 31, 2023, included in December 31 checkbook balance 523,600 Check payable to Waide Company, deposited on December 26, 2023, returned by bank on December 30, 2023 marked NSF. No entry made yet on the return of check. 175,700 31. How much is the adjusted cash
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