Reference no: EM132727191
The following were provided by Eagle related to August
Total book debits for the month of August, P2,300,000
Total book credits for the month of August, P1,950,000
Outstanding checks at July 31, P280,000
Debit memo - July service charges/ NSF checks, P60,000
Debit memo - August service charges/ NSF check, P110,000
Problem 1: What the amount of outstanding checks at August 31 is
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