Solution-How much is the outstanding checks for the current

How much is the outstanding checks for the current month

Reference no: EM132810215

Problem 1: Checks issued during the month was P2,500,000. Ten percent of them were postdated. Outstanding checks in the previous month was 20% of this month's issuance. Bank recorded cashed checks at P1,800,000. How much is the outstanding checks for the current month

Reference no: EM132810215

Questions Cloud

What is the break-even point in units for poseidon swim : The variable cost per unit is $26.18, Poseidon Swim has average fixed costs per year of $36,383. What is the break-even point in units for Poseidon Swim?

Create a specimen job description and person specification : (a) Create a specimen job description and person specification for the post of "Field sales representative" at Square Ltd

What is the unadjusted cash balance per books : Other records showed there were deposits in transit of P17,200 and outstanding checks of P10,800. What is the unadjusted cash balance per books?

Importance of safe and healthy work environment : Explain the importance of a safe and healthy work environment

How much is the outstanding checks for the current month : Previous month was 20% of this month's issuance. Bank recorded cashed checks at P1,800,000. How much is the outstanding checks for the current month

Evaluate the usefulness of job evaluation : If you were managing employee compensation, how would you recommend that your company evaluate the usefulness of its job evaluation or person-based plans?

How much is unadjusted book credits : Outstanding checks for the month is P1,500,000. Last months, bank service charge was P50,000. How much is unadjusted book credits?

How much is the deposit in transit : During the year, The book debits amounted to P6,800,000 net of all adjustments for the previous month. How much is the deposit in transit?

Advantages of having a set pay scale : 1. What are some things we can do, personally, to be more multiculturally efficient?

User Account

All Pages

How much is the outstanding checks for the current month

Reference no: EM132810215

Reference no: EM132810215

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Why is there a difference in the increase in incomefrom

Finding corporate strategy from annual reports

Dividends received on treasury stock as income

What is the amount of the dividends in arrears

Prepare the appropriate journal entry for the transaction

Concepts associated with making capital investment decisions

Ramen company had nopat of 5000000 in 2006 this included

Patriot paid dividends of 39000 during the year there were

Find what are the earnings per share for barnyard inc

Determine seven items listed for new slang pest control

Identify which of the following are tax preferences a seven

What should be the journal entry made by live co

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT