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How much is the adjusted balances

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Question - The following date were taken from the accounting records of DBM for the month of October 31, 2019:

Unadjusted balance per bank is P 6,211,025, per book P5,345,125.

The following are additional information related to the transaction:

NCA for regular account with ARO in the amount of 1,500,000 was not included by DBM in its book. MDS check in the amount of 10,425 was cancelled duty to the expiration of validity. Check issued for MDS regular account was erroneously recorded as P43,500, instead of P39,000. NCA lapsed for regular account with SARO in the amount of 260,075. The bank-imposed charges in the amount of 1,875. Outstanding check amounted to 62,925. The bank erroneously recorded NCA for regular account understating it by P450,000.

Required - How much is the adjusted balances?

Reference no: EM132740775

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