ACC 101_Proof of Cash Assignment

The cash account in the ledger of Kate Company shows a balance of P1,652,000 at December 31. The bank statement, however, shows a balance of P2,000,000 at the same date. The only reconciling items consist of a bank service charge of P2,000, note collected of P10,000, a large number of outstanding checks totaling P590,000 and a deposit in transit. What is the deposit in transit in the December 31 bank reconciliation?

What is the amount of outstanding checks on July 31 ?

What is the amount of outstanding checks on November 30,2013?

What is the amount of checks outstanding on June 30?

What is the amount of deposits in transit on June 30?

What is the adjusted cash in bank on June 30?

What is the cash balance per book on July 31?

What is the amount of cash receipts per book in July?

What is the amount of cash disbursements per book in July?

What is the cash balance per ledger on December 31 ?