Reference no: EM132946891
Question - DINONG Company's bank statement for the month of December included the following information:
DINON Gending balance, December 31 1,250,000
Bank service charge for December 25,000
Interest by bank to dingdong for December net of witholding tax 75,000
In comparing the bank statement to its own cash records, DINONG found the following:
Deposit made but not yer recorded by the bank 200,000
Checks written and mailed and mailed but not yet recorded by the bank 80,000
In addition, DINONG discovered that it had drawn and erroneously recorded a check for P 73,000 that should have been recorded for P37,000.
Required - What is DINONG's cash balance per ledger on December 31?