Extracted text: 3) The information that follows is available from the general ledger and the bank statement of Bucks Company: Cash in bank, October 31, P939,000 Deposit in transit, October 31, P35,000; outstanding checks, October 31, P68,000 Credit memo, October P60,000; Debit memo, October P20,000. Included in the October bank receipts was a deposit of Bucks Company for P25,000, erroneously recorded by the bank to Ducks Company's account. Included in the October bank disbursements was check issued by Quacks Company for P10,000, erroneously recorded by the bank in Bucks Company's account. Included in the book receipts was a deposit for P45,000 which was recorded as P54,000. No correction was made yet by Bucks Company. • Included in the book disbursements was a check issued by Bucks Company for P42,000 was recorded as P24,000. The correct cash balance as of October 31, 2019 is A. 970,000 B. 952,000 C. 945,000 D. 927,000