The bank statement for Juan Company shows a balance per bank of P15,907.

45 on April
30,2015.On this date the balance of cash per books is P11,589.45
Additional information are provided below:
Deposits in transit: April 30 deposit (received by the bank on May 1) P2,201.40

Outstanding checks:
No. 453 -P3,000.00
No. 457- P1,401.30
No. 460- P1,502.70

Errors:
Juan wrote check no. 443 for P1,226.00 and the bank correctly paid that amount. However, he
recorded the check as P1,262.00
Bank memoranda:
Debit– NSF check from Pedro P425.60 .
Debit– Charge for printing company checks P30.00
Credit– Collection of note receivable for P1,000 plus interest earned of P50, less bank collection
fee of P15.00.
Required: Prepare a bank reconciliation statement using the adjusted method.