Compute the cash balance per books on April

Assignment Help Accounting Basics

Reference no: EM132838680

Question - Pure Foods Company, Inc. had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 P37,200 Add: Deposit in transit 10,300 47,500 Less: Outstanding checks 12,600 Balance per books, 3/31/20 P34,900 Data per bank for the month of April 2020 follow: Deposits P46,700 Disbursements 49,700 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled P6,000. There were no deposits in transit at April 30, 2020. Compute the cash balance per books on April 30, 2020?

Reference no: EM132838680

Questions Cloud

Compute the NPV of the project : BASIGA Company is considering the purchase of a machine. Basiga's cutoff rate is 12%. Tax rate is 30%. Compute the NPV of the project

Determine how you would revise the lesson plan : Science requires reading, writing, and math skills, in addition to critical-thinking and problem-solving skills. When teachers contextualize learning.

How are the effects of the transactions reported : Alpha Corporation purchased land for $125,000. How are the effects of these transactions reported on the Operating cash flows if Net income is $90,000?

Define benefits or drawbacks to concepts you have identified : Identify any benefits or drawbacks to the concepts you've identified as they relate to marketing adult learning programs. Format your paper consistent with APA.

Compute the cash balance per books on April : Outstanding checks at April 30, 2020 totaled P6,000. There were no deposits in transit at April 30, 2020. Compute the cash balance per books on April 30, 2020

What is the total cost for four-hundred hours : What is the total cost for 400 hours? The Mix Company uses the high-low method to estimate the cost function. Lowest observation of cost driver

Discuss the experience of developing a marketing plan : Discuss the experience of developing a marketing plan as a learning team. Share the team's reactions, thoughts, and experiences related to creating.

How does ailey use movement to tell the story : What is the mission/history of the Alvin Ailey American Dance Theatre? How does Ailey use movement to tell this story? What about the movement speaks to you.

Prepare a tabular analysis of the september transactions : Prepare a tabular analysis of the September transactions beginning with August 31 balances. On August 31, the balance sheet of Sunland Company showed Cash

User Account

All Pages