How much is the adjusted amount of cash disbursements during April? The accountant of Fendi Company gathered

How much is the adjusted amount of cash disbursements during April?

 

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The accountant of Fendi Company gathered the following data in his attempt to reconcile its records with the data from the bank statements sent by Banco de Plata (BDP) for the months of March and April. Cash in BDP per ledger Balances per bank statement Credits to Cash in BDP account Deposits and credit memos per bank statement Outstanding checks Deposit in transit Erroneous bank credit Note collected by bank Bank service charge March April 2,038,300 3,019,500 2,203,500 3,097,250 4,619,800 5,251,500 275,000 125,000 17,000 1,800 580,000 670,000 20,000 2,450 Fendi Company discounted its own note for P200,000 with the bank in April at the discount rate of 12%. The note is due in six months. The net proceeds was credited by the bank in April but has not yet been recorded in the books. Book receipts for April is understated by P4,500. Book disbursements for April is overstated by P2,700. Loan amortization for April amounting to P45,000 was covered by a check payment but a debit memo for the same amount was issued by the bank in April. The accountant of Fendi Company gathered the following data in his attempt to reconcile its records with the data from the bank statements sent by Banco de Plata (BDP) for the months of March and April. Cash in BDP per ledger Balances per bank statement Credits to Cash in BDP account Deposits and credit memos per bank statement Outstanding checks Deposit in transit Erroneous bank credit Note collected by bank Bank service charge March April 2,038,300 3,019,500 2,203,500 3,097,250 4,619,800 5,251,500 275,000 125,000 17,000 1,800 580,000 670,000 20,000 2,450 Fendi Company discounted its own note for P200,000 with the bank in April at the discount rate of 12%. The note is due in six months. The net proceeds was credited by the bank in April but has not yet been recorded in the books. Book receipts for April is understated by P4,500. Book disbursements for April is overstated by P2,700. Loan amortization for April amounting to P45,000 was covered by a check payment but a debit memo for the same amount was issued by the bank in April.

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