In preparing the bank reconciliation for the month of November, APPLE Industries provided the following information: • Balance per bank statement- P1,805,000 Deposit in transit - 325,000 Return of customer check for insufficient fund - 60,000 Outstanding balance 275,000 Bank service charge for November 10,000 What is the adjusted cash balance?

In preparing the bank reconciliation for the month of November, APPLE Industries provided the following information: • Balance per bank statement- P1,805,000 Deposit in transit - 325,000 Return of customer check for insufficient fund - 60,000 Outstanding balance 275,000 Bank service charge for November 10,000 What is the adjusted cash balance?

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter7: Internal Control And Cash

Section: Chapter Questions

Problem 21E

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