How much is the unadjusted cash balance per book

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Question - The cash in bank account of S-mart, Inc. for April 2010 showed an ending balance of P129,298. Deposits in transit on April 30 were P18,200. Outstanding checks as of April 30, were P59,435, including a P5,000 check which the bank had certified on April 27. During the month of April, the bank charged back NSF checks in the amount of P3,435 of which P1,835 had been re-deposited by April 20. On April 23, the bank charged SMart's account for a P 2,200 items which should have been charged against K-mart, Inc., the error was not detected by the bank. During April, the proceeds from notes collected by the bank for SMart, Inc. was P 7,548 and bank charges for this services was P18. How much is the unadjusted cash balance per book?

a. P141,158

b. P129,298

c. P129,533

d. P140,923

Reference no: EM132764403

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