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How much is unadjusted book credits

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Problem 1: The bank reported total debits of P7,015,000 for the month. Upon closer look, it was found out that P2,000,000 of this was for loan amortization. All the outstanding checks of last month were paid, P1,500,000. Bank service charge of P15,000 is also included in the amount. Outstanding checks for the month is P1,500,000. Last months, bank service charge was P50,000. How much is unadjusted book credits?

Reference no: EM132810213

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