Problem 3-5

Mar. 31 Receipt Disbursement Apr. 30

Balance per book 200,000 800,000 720,000 280,000
Note collected by bank
March 60,000 (60,000)
April 100,000 100,000
Service Charge
March (8,000) (8,000)
April 2,000 (2,000)
NSF Check
March (20,000) (20,000)
April 30,000 (30,000)
DT
March (80,000) 80,000
April (220,000) (220,000)
OC
March 178,000 178,000
April (372,000) 372,000
Balance per bank 330,000 700,000 530,000 500,000

Bank-beg 232,000
Add: book debit 800,000
Collection (60,000) 740,000
Total 972,000
less: book credit 720,000
NSF (20,000)
Srvice cahrge (8,000) (692,000)
Bank balance-end 280,000

Problem 3-6
44,043 Receipts Disbursements 44,074
Book Balance 800,000 5,000,000 3,940,000 1,860,000
Book error on collection (180,000) (180,000)
Book error on payment (540,000) 540,000
Bank error on deposit (200,000) (200,000)
Bank error on payment (400,000) 400,000
NSF Check:
July 100,000 100,000
August (50,000) 50,000
Note collected by bank:
July (200,000) 200,000
August (300,000) (300,000)
Deposit in Transit:
July 600,000 (600,000)
August 480,000 480,000
Outstanding Checks:
July (100,000) (100,000)
August 650,000 (650,000)
Book Balance 1,200,000 4,400,000 3,600,000 2,000,000

Problem 3-7
Nov. 30 Receipts Disbursements 44,196
Book balance 2,032,000 2,568,000 1,440,000 3,160,000
Bank service charge
44,165 (2,000) (2,000)
44,196 4,000 (4,000)
Collection of note
44,165 (200,000) 200,000
44,196 (300,000) (300,000)
Adjusted book balance 1,830,000 2,468,000 1,442,000 2,856,000

Bank Balance 1,890,000 2,090,000 1,080,000 2,900,000

Outstanding Checks
44,165 (180,000) (180,000)
44,196 592,000 (592,000)
Deposit in transit
44,165 80,000 (80,000)
44,196 498,000 498,000
Check erroneuos charged by bank
44,165 40,000 (40,000)
44,196 (50,000) 50,000
Adjusted bank balance 1,830,000 2,468,000 1,442,000 2,856,000

Problem 3-8
Book Balance 1,900,000 1,400,000 2,400,000 900,000
NSF-Check:
44,104 (60,000) (60,000)
44,135 40,000 (40,000)
Collection of accounts recievable
44,104 30,000 (30,000)
44,135 50,000 50,000
Overstatement of Check
44,104 90,000 (90,000)
 44,135 (120,000) 120,000
Adjusted balance 1,960,000 1,330,000 2,260,000 1,030,000

Bank Balance 2,100,000 1,200,000 2,500,000 800,000

Deposit in transit
44,104 130,000 (130,000)
44,135 260,000 260,000
Outstanding checks
44,104 (270,000) (270,000)
44,135 30,000 (30,000)
Adjusted balance 1,960,000 1,330,000 2,260,000 1,030,000

Adjusting Entries
1. Account Recievables 40,000
Cash in bank 40,000
2. Cash in bank 170,000
Account Receivable 50,000
Salaries 120,000

Bank disburs
Outstanding
Outstanding
Cash disburs

Balance per b
Bank deposit
Bank disburs
Balance per b
Deposit in tra
Outstanding
Adjusted ban

Bank Deposi
Deposit in Tr
Deposit in Tr
Cash receipt
 Problem 3-9

1
Outstanding Checks May 31 100,000
Check Recorded by book in June 2,500,000
Total 2,600,000
Less: Checks recorded by bank in June 2,200,000
Outstanding checks - June 30 400,000

2
Deposits outstanding - May 31 300,000
Deposit recorded by book in June 1,800,000
Total 2,100,000
Less: Deposit recorded by bannk in June (1,600,000)
Deposits outstanding - June 30 500,000

3
Balance per book June 30 2,100,000
Service charges (50,000)
Collection by bank 550,000
NSF check (100,000)
Adjusted book balance 2,500,000

Balance per Bank june 30 2,400,000

Deposits outstanding - June 30 500,000
Check outstanding - June 30 (400,000)
Adjusted Bank Balance 2,500,000

Problem 3-10
1
Balance per Bank- November 30 3,600,000
December deposit 5,500,000
Total 9,100,000
December Disbursement (4,400,000)
Balance per Bank-December 31 4,700,000
Deposit in transit- December 700,000
Outsanding Check-December (500,000)
Adjusted bankbalance- December 31 4,900,000

2
Banlance per book- December 31 4,300,000
Note collected by bank 1,000,000
NSF check (350,000)
Service Charge (50,000)
Adjusted book balance 4,900,000

3
Bank Receipt in December 5,500,000
Note Collected (1,000,000)
Deposit in Transit- November (800,000)
Deposit in Transit- December 700,000
Cash Receipt per book in December 4,400,000

4
Bank Disburesement- December 4,400,000
NSF Check (3,500,000)
Service Charge (50,000)
Outstanding Checks- November (1,200,000)
Erroroneous bank credit- November (200,000)
Outstanding Checks- December 500,000
Book Disbursement_December (50,000)

Problem 3-11
1
Balance per Bank- June 30 3,000,000
July bank deposit 9,000,000
July bank disbursement (7,000,000)
Balance per bank- Huly 31 5,000,000
Deposit in Transit- July 1,000,000
Outstanding Check- July (600,000)
Adjusted bank balance 5,400,000

2
Balance per book- July 31 5,350,000
Note collected by bank- July 200,000
NSF Check- July (140,000)
Service Charge- July (10,000)
Adjusted book balance 5,400,000

3
Deposit per bank- July 9,000,000
Note collected by bank- July (200,000)
Deposit in transit- June 30 (400,000)
Deposit in transit- July 31 1,000,000
Cash receipt per book- July 9,400,000
 4
Disbursement per bank-July 7,000,000
NSF Check- July (140,000)
Service Charge- July (10,000)
Outstanding Checks- June (900,000)
Outstanding Checks- July (600,000)
Cash disbursement per book- July 5,350,000

Problem 3-12
1
Balance per bank- June 9,800,000
Bank deposit- July 6,500,000
Bank disbursement- July (9,000,000)
Balance per bank- July 7,300,000
Deposit in transit- July 600,000
Outstanding Check (1,000,000)
Adjusted bank Balance 6,900,000

3
Bank Deposit- July 6,500,000
Deposit in Transit- July 600,000
Deposit in Transit- June (400,000)
Cash receipt per book- July 6,700,000

4
Bank disbursement- July 9,000,000
Outstanding Checks- June (1,400,000)
Outstanding Checks- July 1,000,000
Cash disbursement per book- July 8,600,000

Problem3-13
1
Balance per bank- March 4,650,000
Bank deposit- Aprl 6,000,000
Bank disbursement- April (5,000,000)
Balance per bank- April 5,650,000
Deposit in transit- April 1,500,000
Outstanding Check- April (750,000)
Adjusted bank Balance 6,400,000

3
Bank Deposit- April 6,000,000
Deposit in Transit- March (1,000,000)
Deposit in Transit- April 1,500,000
Cash receipt per book- April 6,500,000
 4
Bank disbursement- April 5,000,000
Outstanding Checks- March (1,250,000)
Outstanding Checks- April 750,000
Cash disbursement per book- April 4,500,000