BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

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BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 Credit memos, previous month
Previous Current
Receipts Disbursements
Month Month
Entry in books + +
Should be + +
Adjustment - Book
side + -
Entry by bank + +
Should be + +
Adjustment - Bank
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Credit memos, current month
Previous Current
Receipts Disbursements
Month Month
Entry in books No entry

Should be + +
Adjustment - Book
side + +
Entry by bank + +
Should be + +
Adjustment - Bank
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Debit memos, previous month
Previous Current
Receipts Disbursements
Month Month
Entry in books + -
Should be - -
Adjustment - Book
side - -
Entry by bank - -
Should be - -
Adjustment - Bank
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Debit memos, current month
Previous Current
Receipts Disbursements
Month Month
Entry in books No entry

Should be + -
Adjustment - Book
side + -
Entry by bank + -
Should be + -
Adjustment - Bank
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Deposits in transit, previous month
Previous Current
Receipts Disbursements
Month Month
Entry in books + +
Should be + +
Adjustment - Book
side No adjustment

Entry by bank + +
Should be + +
Adjustment - Bank
side + -
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Deposits in transit, current month
Previous Current
Receipts Disbursements
Month Month
Entry in books + +
Should be + +
Adjustment - Book
side No adjustment

Entry by bank No entry

Should be + +
Adjustment - Bank
side + +
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Outstanding checks, previous month
Previous Current
Receipts Disbursements
Month Month
Entry in books - -
Should be - -
Adjustment - Book
side No adjustment

Entry by bank + -
Should be - -
Adjustment - Bank
side - -
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Outstanding checks, current month
Previous Current
Receipts Disbursements
Month Month
Entry in books + -
Should be + -
Adjustment - Book
side No adjustment

Entry by bank No entry

Should be + -
Adjustment - Bank
side + -
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 30-Jun 31-Jul
Cash account balance 15,822 39,745
Bank statement balance 107,082 137,817
Deposits in transit 8,201 12,880
Outstanding checks 27,718 30,112
Bank service charge* 72 60
NSF Check** 8,250
Collection by bank of
company's notes 71,815 80,900
receivable

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

*Recorded on books in month following charge or collection.

**Customer's check deposited July 10, returned by bank on

July 16 marked NSF, and redeposited immediately; no entry
made on books for return or redeposit

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Disbursements in July per bank
218,373
statement
Cash receipts in July per Fabulous’ books 236,452

Checks written in July per Fabulous’ books 212,529

Receipts in July per bank statement 249,108

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK June 30 Receipts Disbursements July 31
Unadjusted balance 107,082 249,108 218,373 137,817
Deposits in transit
Previous month 8,201 (8,201)
Current month 12,880 12,880
Outstanding checks
Previous month (27,718) (27,718)
Current month 30,112 (30,112)
NSF Check (8,250) (8,250)
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS June 30 Receipts Disbursements July 31
Unadjusted balance 15,822 236,452 212,529 39,745
Bank service charge
Previous month (72) (72)
Current month 60 (60)
Note collection
Previous month 71,815 (71,815)
Current month 80,900 80,900
Adjusted balance 87,565 245,537 212,517 120,585
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
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BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

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BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

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BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF deposited and returned, CM, redeposited, CM
(No entry on return or redeposit)
Previous Current
Receipts Disbursements
Month Month
Entry on receipt + +
Return and redeposit No entry
Should be (redeposit) + +
Adjustment - Book
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF deposited and returned, CM, redeposited, CM
(No entry on return or redeposit)
Previous Current
Receipts Disbursements
Month Month
Entry on receipt + +
NSF entry + -
Entry on redeposit + +
NET ENTRY 2+ + +
Should be + +
Adjustment - Bank
side - -
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF deposited and returned, CM, redeposited, CM
(No entry on return or redeposit) - Roque
Previous Current
Receipts Disbursements
Month Month
Adjustment - Book
side + +
Adjustment - Bank
side
No adjustment

Roque No. 26, 27, 30

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF deposited and returned, CM, redeposited, CM
(No entry on return or redeposit) - Ocampo
Previous Current
Receipts Disbursements
Month Month
Adjustment - Book
side
No adjustment

Adjustment - Bank
side - -
Ocampo No. 10
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF deposited and returned, CM, not redeposited
Entry on books is correctly made on return
Previous Current
Receipts Disbursements
Month Month
Entry on receipt + +
Return - -
Should be 0 0
Adjustment - Book
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF deposited and returned, CM, not redeposited
Entry on books is correctly made on return
Previous Current
Receipts Disbursements
Month Month
Entry on receipt + +
NSF entry + -
Entry on redeposit No entry
NET ENTRY + +
Should be 0 0
Adjustment - Bank
side - -
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF last month, recorded this month
Previous Current
Receipts Disbursements
Month Month
NSF entry - -
Should be - -
Adjustment - Book
side - +
Adjustment - Bank
side
No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF last month, recorded this month - Reviewer
Previous Current
Receipts Disbursements
Month Month
NSF entry + -
Should be - -
Adjustment - Book
side - -
Ocampo No. 12
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF this month, not yet recorded in the books
Exception to "deduct in receipts" - Follow the bank
Previous Current
Receipts Disbursements
Month Month
NSF entry No entry
Should be + -
Adjustment - Book
side + -
Adjustment - Bank
side No adjustment
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 NSF this month, not yet recorded in the books -
Reviewer (Assumption: Follow the bank)
Previous Current
Receipts Disbursements
Month Month
Adjustment - Book
side + -
Adjustment - Bank
side No adjustment

Roque No. 26
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 March 31 Bank Reconciliation
Balance per bank 26,746
Add: Deposits in transit 2,100
Deduct: Outstanding checks -3,800
Balance per books 25,046

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 Month of April Results
Per Bank Per Books
Balance April 30 28,495 24,855
April deposits 10,784 12,889
April checks 11,100 13,080
April note collected (not included in
April deposits)
3,000 -0-
April bank service charge 35 -0-
April NSF check of a customer returned
by the bank (recorded by bank as a 900 -0-
charge)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Books balance Bank balance (Incorrect)
Balance, March 31 25,046 Balance, March 31 26,746
Add: Receipts 12,889 Add: Receipts 13,784
Less: Disbursements (13,080) Less: April checks (11,100)
Balance, April 30 24,855 Balance, April 30 29,430

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 Month of April Results
Per Bank Per Books
Balance April 30 28,495 24,855
April deposits 10,784 12,889
April checks 11,100 13,080
April note collected (not included in
April deposits)
3,000 -0-
April bank service charge 35 -0-
April NSF check of a customer returned
by the bank (recorded by bank as a 900 -0-
charge)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Books balance Bank balance (CORRECT)
Balance, March 31 25,046 Balance, March 31 26,746
Add: Receipts 12,889 Add: Receipts 13,784
Less: Disbursements (13,080) Less: Charges (12,035)
Balance, April 30 24,855 Balance, April 30 28,495

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS March 31 Receipts Disbursements April 30
Unadjusted balance 25,046 12,889 13,080 24,855
Note collection 3,000 3,000
Bank service charge 35 (35)
NSF check 900 (900)
Adjusted balance 25,046 15,889 14,015 26,920

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS March 31 Receipts Disbursements April 30
Unadjusted balance 25,046 12,889 13,080 24,855
Note collection 3,000 3,000
Bank service charge 35 (35)
NSF check 900 (900)
Adjusted balance 25,046 15,889 14,015 26,920

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS March 31 Receipts Disbursements April 30
Unadjusted balance 25,046 12,889 13,080 24,855
Note collection 3,000 3,000
Bank service charge 35 (35)
NSF check 900 (900)
Adjusted balance 25,046 15,889 14,015 26,920

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS March 31 Receipts Disbursements April 30
Unadjusted balance 25,046 12,889 13,080 24,855
Note collection 3,000 3,000
Bank service charge 35 (35)
NSF check 900 (900)
Adjusted balance 25,046 15,889 14,015 26,920

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS March 31 Receipts Disbursements April 30
Unadjusted balance 25,046 12,889 13,080 24,855
Note collection 3,000 3,000
Bank service charge 35 (35)
NSF check 900 (900)
Adjusted balance 25,046 15,889 14,015 26,920

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Books balance Bank balance (CORRECT)
Balance, March 31 25,046 Balance, March 31 26,746
Add: Receipts 12,889 Add: Receipts 13,784
Less: Disbursements (13,080) Less: Charges (12,035)
Balance, April 30 24,855 Balance, April 30 28,495

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK March 31 Receipts Disbursements April 30
Unadjusted balance 26,746 13,784 12,035 28,495
Deposits in transit
Previous month 2,100 (2,100)
Current month 4,205 4,205
Outstanding checks
Previous month (3,800) (3,800)
Current month 5,780 (5,780)
Adjusted balance 25,046 15,889 14,015 26,920
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS March 31 Receipts Disbursements April 30
Unadjusted balance 25,046 12,889 13,080 24,855
Note collection 3,000 3,000
Bank service charge 35 (35)
NSF check 900 (900)
Adjusted balance 25,046 15,889 14,015 26,920

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Unrecorded disbursement

Book error

Note 10

Note 7
OC
Note 11
Note 8
Book error Note 12 Note 9

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Receipts, per bank 9,949 Charges, per bank 654
Receipts, per book (9,549) Charges, per book (645)
Understatement 400 Understatement 9
Debits 17,464
Charges 5,378
Total disbursements 22,842

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Note 7

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Note 8

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Note 9

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Note 10

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Note 11

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Note 12

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

OC

OC
DIT

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 Unrecorded disbursement

Book error

Note 10

Note 7
OC
Note 11
Note 8
Book error Note 12 Note 9

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Check 1410 3,945
Check 1413 350
Check 1415 1,739
Check 1403 343
Outstanding, CM 6,377

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Receipts, per bank 9,949 Charges, per bank 654
Receipts, per book (9,549) Charges, per book (645)
Understatement 400 Understatement 9

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Unrecorded disbursement

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Note 8

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Note 9

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Note 10

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Note 11

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Note 12

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BOOKS PM Receipts Disbursements CM
(2) (4) Unadjusted balance 12,405 22,892 26,234 9,063
(5) (6) Error: CR 802 400 400
(5) (6) Error: Check 1406 9 (9)
(5) (6) Unrecorded disbursement 267 (267)
(3) (4) (6) January receipt (942) (942)
(3) (4) (6) January disbursement (1,120) 1,120
(8) Unrecorded disbursement: 1407 (12/28) 362 (362)
(9) Unauthorized transfer (12/29) 362 362
(10) Unrecorded disbursement 1,987 (1,987)
(11) CM: Note collection 1,010 4 1,006
(12) DM: Check printing 12 (12)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Adjusting Entries:
Cash (in bank) 400 AP/Expenses 362 Service charges 12
AR/Sales 400 Cash (in bank) 362 Cash (in bank) 12
Error: CR 802 Unrecorded disbursement: 1407 (12/28) DM: Check printing

AP/Expenses 9 Cash (in bank) 362 (Continental) Cash (in bank) 343
Cash (in bank) 9 Cash (in bank) 362 (Payroll) AP 343
Error: Check 1406 Unrecorded disbursement: 1407 (12/28) Cancelled check

AP/Expenses 267 AP/Expenses 1,987

Cash (in bank) 267 Cash (in bank) 1,987
Unrecorded disbursement Unrecorded disbursement

AR/Sales 942 Cash (in bank) 1,006

Cash (in bank) 942 Service charges 4
January receipt Note receivable 1,000
Cash (in bank) 1,120 Interest income 10
AP/Expenses 1,120 CM: Note collection
January disbursement
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks

(2) Previous month (918) (918)

(4) (5) Current month 6,377 (6,377)
(7) Bank error: Corrected (546) (546)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks
(2) Previous month (918) (918)
(4) (5) Current month 6,377 (6,377)
(7) Bank error: Corrected (546) (546)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks
(2) Previous month (918) (918)
(4) (5) Current month 6,377 (6,377)
(7) Bank error: Corrected (546) (546)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Check 1410 3,945
Check 1413 350
Check 1415 1,739
Check 1403 343
Outstanding, CM 6,377

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks
(2) Previous month (918) (918)
(4) (5) Current month 6,377 (6,377)
(7) Bank error: Corrected (546) (546)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Note 7

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks
(2) Previous month (918) (918)
(4) (5) Current month 6,377 (6,377)
(7) Bank error: Corrected (546) (546)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks

(2) Previous month (918) (918)

(4) (5) Current month 6,377 (6,377)
(7) Bank error: Corrected (546) (546)
(13) Cancelled check (343) 343
Adjusted balance 12,405 23,722 27,412 8,715
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Check 1410 3,945
Check 1413 350
Check 1415 1,739
Check 1403 343
Outstanding, CM 6,377

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

Check 1410 3,945
Check 1413 350
Check 1415 1,739
Outstanding, CM 6,034

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

 BANK PM Receipts Disbursements CM
(5) Unadjusted balance 12,831 24,220 22,842 14,209
Deposits in transit
(2) Previous month 492 (492)
(3) Current month* 540 540
Outstanding checks
(2) Previous month (918) (918)
(4) (5) Current month 6,034 (6,034)
(7) Bank error: Corrected (546) (546)
Adjusted balance 12,405 23,722 27,412 8,715

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
•
•
•

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

•
•
•
•
•
•

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

•
•
•
•

•
•
•

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Cancelled checks this month, issued previous month
Previous Current
BOOKS Receipts Disbursements
Month Month
Entry on issuance - -
Entry to cancel No entry

Net effect/Should be - - 0
Adjustment - Book
side - +
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Cancelled checks this month, issued previous month
Previous Current
BANK Month
Receipts Disbursements
Month
Actual - Bank No entry

OC - PM - -
OC - CM + -
Net effect - 0 -
Should be - - 0
Adjustment - Bank
side - +
Exclude from OC - CM
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Cancelled checks this month, issued previous month (Ocampo)
Previous Current
BOOKS Month
Receipts Disbursements
Month

Entry on issuance - -
Entry to cancel No entry

Should be 0 0
Adjustment - Book
side + +
Ocampo No. 11
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
Cancelled checks this month, issued previous month (Ocampo)
Previous Current
BANK Month
Receipts Disbursements
Month
Adjustment
OC-PM + +
Adjustment
OC-CM - +
Net effect of
adjustments + +
Exclude from OC - PM and CM

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)

BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Cancelled checks this month, issued current month
Previous Current
BOOKS Receipts Disbursements
Month Month
Entry on issuance + -
Cancellation entry No entry

Net effect/Should be 0 0
Adjustment - Book
side - +
Roque No. 27
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
 Cancelled checks this month, issued current month
Previous Current
BANK Receipts Disbursements
Month Month
Actual - Bank No entry

OC - CM + -
Should be 0 0
Adjustment - Bank
side - +
Exclude from OC - CM
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)
BA 123 2nd Sem AY 22-23 (Aratea/Magana/Placido)