1.

Shogun Executioner had the following data for the month of January, 2024:

Balance per book, January 31 3,130,000

Balance per bank statement, January 31 3,500,000
Collections on January 31, undeposited 550,000 cash collected but not yet deposited in bank (DIT)

NSF check from a customer, returned by the

Bank on Feb 5 50,000
Outstanding checks on January 31 650,000
Bank debit memo 5,000
Creditor check for 30,000 was incorrectly
Recorded in the books as 300,000 270,000

Customer check for 200,000 was incorrectly

Recorded in the books as 20,000 180,000

Bank Credit memo 10,000

Shogun Executioner forgot to make an entry in its books for a check drawn in payment of an accounts payable of
P125,000.

How much is the cash in bank?

2. Steel Ronin, on June 30, 2023, had an ending balance of P3,735,000 according to its bank statement. The
following data were determined:
• The bank erroneously credited to Steel Ronin P21,000 on June 22
• During the month, the bank charged back NSF checks amounting to P23,000 of which 8,000 had been
redeposited by June 25
• Collection for June 30 totaling P103,000 was deposited the following month
• Checks issued by Steel Ronin as of June 30 and not yet encashed or deposited with the bank amounted
to P1,302,000
• Note collected by the bank for Steel Ronin was P80,000 and the corresponding bank charge was P5,000.
• Steel Ronin erroneously recorded a P150,000 customer check as P105,000
• Steel Ronin drew a check payable to Emperor Yoshiro, His Highness and Eminency, for P1,000,000. The
check is in the drawer of Emperor Yoshiro, His Highness and Eminency. The check date is July 1, 2023.

How much is the adjusted cash balance of Steel Ronin?

3. Yuriko Omega had the following bank reconciliation on June 30, 2023:

Balance per bank statement, June 30 3,000,000

Add: Deposit in transit 400,000

Total: 3,400,000
Outstanding checks: (900,000)
Balance per book, June 30 2,500,000
 The bank statement for the month of July showed the following:
Deposits, including 200,000 credit memo 9,000,000
Disbursements, including 140,000 NSF customer check
And 10,000 service charge 7,000,000

Prepare the proof of cash.

4. Emperor King Oni had the data on March 31, 2023:

Balance per bank statement, March 31 4,650,000

Deposits in Transit 1,000,000
Outstanding checks 1,250,000
Balance per book, March 31 4,400,000

Data per the bank statement for the month of April follow:

Deposits 6,000,000
Disbursements 5,000,000

Outstanding checks on April 30 totaled P750,000 and deposits in transit amounted to P1,500,000. What is the
amount of adjusted cash receipts for April?

5. Psionic Decimator presented the following data:

Balance per bank statement, Nov. 30 3,600,000

Deposits in transit, Nov. 30 800,000
Outstanding checks, Nov. 30 1,200,000
Erroneous Bank credit in November 200,000
December deposits per bank* 5,500,000
December disbursements per bank** 4,400,000
Outstanding checks, Dec. 31 500,000
Deposits in transit, Dec. 31 700,000
December receipts per book 4,400,000
December disbursements per book 3,100,000

*Includes note of P1,000,000 collected for Psionic Decimator

**Includes NSF of P350,000 and service charge of P50,000

Prepare the proof of cash.