b PROBLEM 4: MULTIPLE CHOICE-COMPUTATIONAL How mu 1. In preparing its August 31, 2004 bank reconciliation, Cloud Corp. has made available the following information: Balance per bank statement, 8/31/04 Deposit in transit, 8/31/04 Return of customer's check for insufficient funds Outstanding checks, 8/31/04 Bank service charges for August Erroneous credit by bank P25,650) 5,900 600 750 100 2,000 a. 3 (Adapted) 3. If th outs tran char At August 31, 2004, Cloud's correct cash balance is a. P28,800. b. P28,200. c. P28,100. (Adapted) d. P26,500. the a