How much is the adjusted cash in bank balance as of july

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Question 1: ABC Company shows the following information as of July 31 of the current year: Book balance, June 30 35,000 Bank balance, June 30 30,500 Bank disbursements, include checks outstanding in June for Php10,000, and July service charge and NSF check of Php400 and Php5,000, respectively. 49,900 Bank receipts, includes note collected from the ABC's customer for Php15,000 inclusive of Php5,000 interest, June deposit in transit of Php12,000. 95,500 Book receipts, customer checks were overstated by Php3,500 80,000 Book disbursements, include June service charge and customer NSF check of Php500 and Php2,000, respectively 48,000 How much is the adjusted cash in bank balance as of July 31?

Reference no: EM132894360

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