F1.

July Collections 18,800

Undeposited Collections, June 30 5,000
Total 23,800
Less: Deposit Slips (11,000)
Undeposited Collections, July 15 12,800
F2.
Bank balance, June 30 42,400
Add: Deposit in Transit 5,000
Total 47,400
Less: Outstanding checks
no. 183 P 450
198 1,650
205 600
254 400
280 5000
302 900
317 2500 (11,500)
Adjusted Bank balance, June 30 35,900
F3.
Company’s books
Book Balance, June 30 P46,500
Add: Credit memo 900
Total 47,400
Less: Bank Charges (100)
Adjusted book balance, June 30 47,300

F4.
Adjusted book balance, June 30 47,300
Adjusted bank balance, June 30 (35,900)
Cash Shortage 11,400