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What is DINONG cash balance per ledger on December

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Reference no: EM132946891

Question - DINONG Company's bank statement for the month of December included the following information:

DINON Gending balance, December 31 1,250,000

Bank service charge for December 25,000

Interest by bank to dingdong for December net of witholding tax 75,000

In comparing the bank statement to its own cash records, DINONG found the following:

Deposit made but not yer recorded by the bank 200,000

Checks written and mailed and mailed but not yet recorded by the bank 80,000

In addition, DINONG discovered that it had drawn and erroneously recorded a check for P 73,000 that should have been recorded for P37,000.

Required - What is DINONG's cash balance per ledger on December 31?

Reference no: EM132946891

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