Question No, 1

Unadjusted bank bal. P 42,400

Outstanding checks ( 11,500)
Undeposited collections 5.000
Adjusted bank balance P 35,900

Question No. 2
Unadjusted book hal. P 4'6500
,
Credit 1nemo proceeds clean draft 900
Debit rnen10 for bank service charge ( 100')
Balance ( cash accountability) P 47,.300

Question No. 3
Adjusted bank bal, (Cash accounted) P 35 900
.t

Cash in bank hal, ( cash accountability) 47.300

Shortage as of June 30 (l-1.lAUD.!)

Question No. 4
Additional cash shortage from July 1-lS
July collection per duplicate O.R. P 18,800
Less: collections in July that \i\-'ere deposited
in July
CoUection per dup)icate slips P 11,000
Less :Undeposited collection, June 30 5,000 6,000
Cash that should be on hand on July 15 P 12,800
Less : Actua l cash on hand on July 15 4,800
Cash shortage from July 1-15 I!. 8}000
Question No. 5
Und erstaterr1ent of cash in bank per books (461500-4S,600) P 900
Over statem ent of cash in bank per bank (44,000-42 400)
1 li600
Und e rstaterncnt of outstandjng checks ( l l,500-3 600) 7,, 900
Overstaternent of unde pos ited colt ections ( S, 100-5,000) 100
Non-recordin g of credit nH-irno-proret~·ds of cled n lt r ;1tt ·--- _9 00
Cash s hort age as of JutH! 30 P-!-L111u