1. What is the adjusted cash in bank on December 31?

Balance per bank, November 30 3,600,000

Add: Deposit 5,500,000
Total 9,100,000
Less: Disbursement -4,400,000
Balance per bank, December 31 4,700,000
Add: Deposit in transit 700,000
Less: Outstanding checks -500,000
ADJUSTED BANK BALANCE, DECEMBER 31 4,900,000

What is the balance of cash per ledger on December 31?

Adjusted book balance 4,900,000
Less: Debit Memo -1,000,000
Add: Credit Memo 350,000
50,000 400,000
BALANCE PER BOOK, DECEMBER 31 4,300,000
What is the amount of cash receipts per book in December?
Bank receipts 5,500,000
Less: Note collected -1,000,000
Deposit in transit- November -800,000
Deposit in transit- December 700,000
CASH RECEIPTS PER BOOK, DECEMBER 31 4,400,000

What is the amount of cash disbursements per book in December?

Bank disbursement 4,400,000
Less: Outstanding checks- November -1,200,000
Erroneous bank credit -200,000 -1,400,000
NSF check -350,000
Bank service charge -50,000 -400,000
Add: Outstanding checks- December 500,000
CASH DISBURSEMENT PER BOOK, DECEMBER 31 3,100,000