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The fol owing data are available for the cash account of Bacolor Company in 2021

Accounting Nov 30, 2022

The fol owing data are available for the cash account of Bacolor Company in 2021. Nov. 31 Dec. 31 Cash per bank statements P803,115 P1,033,627 Deposit in transit 65,100 ? Outstanding checks 72,400 66,320 Bank service charges 700 300 Insufficient fund check 12,500 19,600 Company s notes receivable 280,310 309,440 collected by bank The bank statement and the company's cash records showed the following totals: Checks and debit memos per bank statement P1,787,798 Cash receipts per cash record ? Cash disbursements per cash records ? Deposits and credit memos per bank statement 2,018,310 Additional information: a. A P45, 000 bank credit error in November was corrected by the bank in December, while a P22, 000 check issued by StarVery Cheese Corp. was erroneously charge by the bank to the company's account in December. b. A P150, 000 customer collection was recorded by the book in December at P155, 000 upon collection, the error was detected and corrected in December. c. The accountant recorded a receipt in Novemberfor P80, 000, the correct amount should be P60, 000. The error was detected and corrected in December. d. The book credited a collection made in December from a customerfor P20, 400. The correct amount of collection is P24, 000. e. There were no other items or errors affecting both book and bank. You also ascertained that there was no cash shortage nor overage in prior periods. 1. What is the amount of deposit in transit for the month of December? 2. What is the unadjusted cash per book as of December? 3. What is the adjusted baiance of receipt as of December? 4. What is the adjusted baiance of disbursements as of December? 5. What is the adjusted cash baiance per books as of November 30? 6. What is the correct cash baiance as of December 31 ?

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