Lovable Company prepared the following bank reconciliation on June 30: Balance per bank statement, June 30 Deposit in transit 3.000,000 400.000 Total Outstanding checks 3 100,000 (900,000) Balance per...

Lovable Company prepared the following bank reconciliation
on June 30:
Balance per bank statement, June 30
Deposit in transit
3.000,000
400.000
Total
Outstanding checks
3 100,000
(900,000)
Balance per book, June 30
2.500.000
The bank statement for the month of July showed the
following
Deposits (including P200,000 note collected for Lovable) 9,000,000
Disbursements (including P140,000 NSF check and
P10,000 service charge)
7.000.000
All reconciling items on June 30 cleared through the bank in
July. The outstanding checks totaled P600,000 and the deposit
in transit amounted to P1,000,000 on July 31.
What is the cash balance per book on July 31?
a
b
C
d
5,400,000
5.350.000
5.550.000
4.500,000
2.
What is the amount of cash receipts per book in July?
a.
9 100.000
b.
9.600.000
C
8.600.000
d
9.800.000
3. What is the amount of cash disbursements per book
in July?
a
C
d
6,550,000
6,700,000
7.300.000