Esteem Company reported that the month-end bank statement showed a balance of P3,600,000. Outstanding check amounted to P1,200,000, a deposit of P400,000 was in transit at month-end, and a check for P50,000 was erroneously charged by the bank against the account. What is the correct balance in the bank account at month-end …..
Jawaban:
Pertanyaan:
- Esteem Company reported that the month-end bank statement showed a balance of P3,600,000. Outstanding check amounted to P1,200,000, a deposit of P400,000 was in transit at month-end, and a check for P50,000 was erroneously charged by the bank against the account. What is the correct balance in the bank account at month-end 2,850,000
Jawaban Dari Soal Essay Diatas Adalah:
2,850,000
Penjelasan:
Adjusted bank balance :
- 3,600,000 – 1,200,000 + 400,000 + 50,000 =