Question: Please answer as much as possible thank you so much 10. Company B receives its bank statement for the month ending Dec. 31, 1999 on
Please answer as much as possible thank you so much

10. Company B receives its bank statement for the month ending Dec. 31, 1999 on Jan. 5, 2000. The bank statement shows a balance of P30,000. The cash account on Dec. 31, 1999 shows a credit balance of P3,000. In reconciling the balances, the auditor discovers the following: Receipts of Dec. 31, 1999 not deposited until Jan. 2, 2000 of P5,000 Bank service charges for Dec. 1999 of P1,000 A paid check for P2,000 was recorded in the cashbook as P20,000. Assuming no errors except as noted above, compute for the amount of the outstanding check
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