NEED ANSWER ASAP The following information was included in the bank reconciliation for Pamana Corporation...
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The following information was included in the bank reconciliation for Pamana Corporation for June.
Checks and charges incurred by bank in June, including a June service charge if P 15 P 34,692.
Service charges made by bank in May and recorded in the books in June P 10
Total of credits to cash in all journals during June P 38,477
Customers NSF check returned as a bank charge in June (no entry made in books) P 200
Customers check returned in May and redeposited in June (no entry made either in May or June) P 500
Outstanding checks at June 30 P 16,490 Deposit in transit at June 30 P 1,200
QUESTION: What was the total of the outstanding checks at the beginning of June?
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