Question: Sharp uses four-column bank reconciliation. The bank statement for May shows payments of P13,150, including service charge of P200. At the beginning of May, there

Sharp uses four-column bank reconciliation. The bank statement for May shows payments of P13,150, including service charge of P200. At the beginning of May, there were P900 of checks outstanding. At the end of May, there were P1,200 of checks outstanding. Before recording the bank service charge, Sony must have recorded May payments of: a. P13,250 b. P12,650 c. P13,050 d. P13,650

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