Cielo Trading Company presented the following data.

Ending balance in the general ledger of Cash in bank as of May 1, 2020

is P150,000.00
CASH RECEIPTS Book CASH Disbursement Book
Date OR# Amount Date check# Amount
2-May 205 10,000 2-May 950 1,000
3 206 1,500 2 951 2,000
4 207 3,200 2 952 3,000
7 208 4,500 4 953 1,500
10 209 7,800 5 954 2,500
11 210 50,000 6 955 3,500
13 211 10,000 6 956 2,500
13 212 38,000 7 957 2,000
15 213 9,500 8 958 2,000
18 214 7,500 15 959 1,000
19 215 8,500 18 960 1,000
20 216 15,000 19 961 35,000
21 217 10,000 20 962 15,000
22 218 1,500 20 963 17,000
25 219 9,700 23 964 5,000
26 220 35,100 23 965 5,500
29 221 10,000 30 966 6,500
30 222 5,000 30 967 15,000
Total 236,800 Total 121,000

BANK OF PHILIPPINES ISLAND

Account Name: CIELO TRADING COMPANY Acct#: CA -02909-4015

Date check # AMOUNT REF. DEPOSITS BALANCE

30-Apr 150,000.00
3-May 950 1,000 CASH 10,000 159,000
4 951 2,000 CHECK 1,500 158,500
4 952 3,000 CASH 3,200 158,700
7 CASH 4,500 163,200
10 954 2,500 160,700
11 cash 60,000 220,700
13 956 2,500 218,200
13 957 2,000 CHECK 38,000 254,200
15 953 1,500 CHECK 9,000 261,700
18 NSF 3000 CASH 7,500 266,200
19 955 3,500 262,700
20 961 35,000 CM 109,000 336,700
21 962 15,000 321,700
22 958 2,000 319,700
25 963 17,000 CHECK 26,500 329,200
26 965 5,000 CHECK 9,700 333,900
 29 DM 5,000 BSC 328,900
30 CASH 35,100 364,000

May 15, Check deposit of 9,000 was recorded in error by the company
as P9,500 in the book
23-May Check No 965 amounting P5,000 was errorneously recorded
in the company book as P 5,500
May 20 The bank received a deposit from Clients payment P100,000
plus an interest of P10,000 net of processing fee of P1,000
May 29 The bank issued a Debit Memo for various bank charges P5,000
May 18 There was a check deposit with no sufficent fund P 3,000
 CIELO TRADING
BANK RECONCILIATION STATEMENT
Cash in Bank - BPI # CA-02909-4015 May 31, 2020
beg 150,000.00 121,000 CDB
CRB 236,800 Unadjusted balances beg.
Reconciling Items
end 265,800 Deposit in transit
500 500 date OR# Amount
109000 5000 May-10 209 7,800
3000 19 215 8,500
end 366,800 29 221 10,000
30 2222 5,000
Outstanding check
date check amount
15 959 1,000
a/p - Cielo Trading 18 960 1,000
150,000.00 23 964 5,000
121,000 236,800 30 966 6,500
30 967 15,000
265,800 28,500
Book Error 15-May 9500
correct 9000
500

Book error 965 5500

correct 5000
500

CREDIT MEMO
a/R 100000
Interest 10000
Processing fees -1000

debit memo 5000

NSF -3000
adjusted balances
N STATEMENT Cash in Bank (BPI CA# 150000
Cash on Hand
BOOK BANK
265,800 364,000

31,300

dr
(28,500) May-31 A/r 500
Cash in bank

(500.00)

Cash in Bank 500

Expenses
500

Cash in Bank 109,000

100000 Bank Service Charge 1000
10000 Accounts Receivable
-1000 Interest Income

-5000 Bank service Charge 5000

Cash in Bank
-3000
366,800 366,800 Account Receivable 3000
Cash in Bank
 Cash 150000
150000 a/p -Cielo Trading 150000

cr

500

500

100000
10000

5000

3000
Current account or Demand Deposit

BPI - Sucat Pqgue

Payee: Charmaine Eria

Amount in Words: Two Hundred Thousand Pesos & 75

Crossed Check
mand Deposit

Date: Nov 11, 2022

o Hundred Thousand Pesos & 75/100 only. P 200,000.75

Signature
Payor Clave
Cielo Trading Company presented the following data.
Ending balance in the general ledger of Cash in bank as of May 1, 2020
is P150,000.00
CASH RECEIPTS Book CASH Disbursement Book
Date OR# Amount Date check# Amount
2-May 205 10,000 2-May 950 1,000
3 206 1,500 2 951 2,000
4 207 3,200 2 952 3,000
7 208 4,500 4 953 1,500
10 209 7,800 5 954 2,500
11 210 50,000 6 955 3,500
13 211 10,000 6 956 2,500
13 212 38,000 7 957 2,000
15 213 9,500 8 958 2,000
18 214 7,500 15 959 1,000
19 215 8,500 18 960 1,000
20 216 15,000 19 961 35,000
21 217 10,000 20 962 15,000
22 218 1,500 20 963 17,000
25 219 9,700 23 964 5,000
26 220 35,100 23 965 5,500
29 221 10,000 30 966 6,500
30 222 5,000 30 967 15,000
Total 236,800 Total 121,000

BANK OF PHILIPPINES ISLAND

Account Name: CIELO TRADING COMPANY Acct#: CA -02909-4015

Date check # AMOUNT REF. DEPOSITS BALANCE

30-Apr 150,000.00
3-May 950 1,000 CASH 10,000 159,000
4 951 2,000 CHECK 1,500 158,500
4 952 3,000 CASH 3,200 158,700
7 CASH 4,500 163,200
10 954 2,500 160,700
11 cash 60,000 220,700
13 956 2,500 218,200
13 957 2,000 CHECK 38,000 254,200
15 953 1,500 CHECK 9,000 261,700
18 NSF 3000 CASH 7,500 266,200
19 955 3,500 262,700
20 961 35,000 CM 109,000 336,700
21 962 15,000 321,700
 22 958 2,000 319,700
25 963 17,000 CHECK 26,500 329,200
26 965 5,000 CHECK 9,700 333,900
29 DM 5,000 BSC 328,900
30 CASH 35,100 364,000

May 15, Check deposit of 9,000 was recorded in error by the company
as P9,500 in the book
23-May Check No 965 amounting P5,000 was errorneously recorded
in the company book as P 5,500
May 20 The bank received a deposit from Clients payment P100,000
plus an interest of P10,000 net of processing fee of P1,000
May 29 The bank issued a Debit Memo for various bank charges P5,000
May 18 There was a check deposit with no sufficent fund P 3,000
 CIELO TRADING
BANK RECONCILIATION STATEMENT
Cash in Bank - BPI # CA-02909-4015 May 31, 2020
beg 150,000.00 121,000 CDB
CRB 236,800 Unadjusted balances beg.
Reconciling Items
end 265,800 Deposit in transit
500 500 date OR# Amount
109000 5000 May-10 7,800
3000 19 8,500
end 366,800 29 10,000
30 5,000
Outstanding check
date check amount
15 959 1,000
a/p - Cielo Trading 18 960 1,000
150,000.00 23 964 5,000
121,000 236,800 30 966 6,500
30 967 15,000
265,800 28,500
Book Error 15-May 9500
correct 9000
500

Book error 965 5500

correct 5000
500

CREDIT MEMO
a/R 100000
Interest 10000
Processing fees -1000

debit memo

NSF
adjusted balances
ON STATEMENT

BOOK BANK
265,800 364,000

31,300

dr cr
(28,500) May-31 A/r 500
Cash in bank 500

(500.00)

Cash in Bank 500

Expenses 500
500

Cash in Bank 109,000

Bank Service Charge 1000
Accounts Receivable 100000
109000 Interest Income 10000

-5000 Bank service Charge 5000

Cash in Bank 5000
-3000
366,800 366,800 Account Receivable 3000
Cash in Bank 3000