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Determine the amount of cash receipts per book in April

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Question - Anthony Company had the following bank reconciliation on March 31 of the current year: Balance per bank statement, March 31 4,650,000 Deposits in transit 1,000,000 Total 5,650,000 Outstanding checks 1,250,000 Balance per book, March 31 4,400,000 Data per bank statement for the month of April follow: Deposits 6,000,000 Disbursements 5,000,000 All reconciliation items on March 31 cleared through the bank in April. Outstanding checks on April 30 totaled P750,000 and deposits in transit amounted to P1,500,000. Determine the amount of cash receipts per book in April 30?

Reference no: EM132850618

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