CIB Account 2,840,000.

00
Bank statement 3,265,000.00

Deposit in transit 450,000.00 BANK

Outstanding checks as of Febuary
From January - No. 116 60,000.00
From Febuary - No. 122, 124 and 125 550,000.00
610,000.00 BANK
Credit Memo 270,000.00 BOOK
Debit Memo - Service Charge 5,000.00 BOOK
Book Error - INFLOW 1,000,000.00 BOOK
Adjusted Bank Balance 440,000.00 BANK

BOOK BANK
Unasjusted Balance 2,700,000.00 3,265,000.00
Credit Memo 270,000.00
Debit Memo - Service charge (5,000.00)
Book Error - INFLOW
Deposit and transit 450,000.00
Outstanding checks as of Febuary (610,000.00)
Adjusted Bank Balance as of January
Adjusted Balance 2,965,000.00 3,105,000.00

Adjusting Entries