Cash in Bank Account

November 30, 2011 ₱ 1,000,000.00

Cash Receipts - December ₱ 10,018,100.00
Total ₱ 11,018,100.00
Cash Disbursements -
December ₱ 6,308,870.00
Cash in Bank - December 31, User:
2011 ₱ 4,709,230.00 Ending Balance per ledger is understated, but balance
presented in the Triall Balance is correct.

Cash in Bank - December 31,

2011 Balance per Ledger ₱ 4,709,203.00
Understatement in Cash in
Bank Balance per Ledger ₱ (27.00)
Adusted Balance Method:
Grace Corporation
Bank Reconciliation Statement
For the Year Ended December 31, 2011

Unadjusted Bank Balance

Deposits in Transit
Total
Outstanding Checks:
Check No. 12349 ₱ 175,000.00

Check No. 12352 ₱ 14,000.00

Check No. 12361 ₱ 25,490.00

Check No. 12362 ₱ 13,325.00
Check No. 12363 ₱ 85,000.00
Check No. 12364 ₱ 942,840.00
Adjusted Bank Balance

Unadjusted Book Balance

Credit Memo:
Redeposited NSF Check ₱ 500,000.00
Proceeds of Notes Collected by the Bank
12/28/2011 ###
Proceeds of Notes Collected by the Bank
12/29/2011 ₱ 490,000.00
Total
Debit Memo:
Check Returned for Insufficiency of Funds
Bank Service Charge
Adjusted Book Balance
Difference
 Bank-to-Book Method
Grace Corporation
Bank Reconciliation Statement
11 For the Year Ended December 31, 2011

### Balance per Bank

₱ 85,113.00 Deposits in Transit
### Check Returned for Insufficiency of Funds
Bank Service Charge
Total
Proceeds of Notes Collected by the Bank
12/28/2011
Proceeds of Notes Collected by the Bank
12/29/2011
Redeposited NSF Check
Outstanding Checks:
### Check No. 12349
₱ 13,096,730.00 Check No. 12352
Check No. 12361
### Check No. 12362
Check No. 12363
Check No. 12364

Balance per Book

### Difference
###

###
₱ (2,500.00)
###
₱ -
 Grace Corporation
Bank Reconciliation Statement
For the Year Ended December 31, 2011

###
₱ 85,113.00
₱ 500,000.00
₱ 2,500.00
###

###

₱ 490,000.00 ###
₱(500,000.00)

₱ 175,000.00
₱ 14,000.00
₱ 25,490.00
₱ 13,325.00
₱ 85,000.00
₱ 942,840.00 ###

###

₱ -
 Grace Corporation
Cash Count Sheet
January 5, 2012; 8:00 AM

Denomination Quantity
Currencies ₱ 500.00 1
₱ 200.00 1
₱ 100.00 2
₱ 50.00 3
₱ 20.00 5
Coins ₱ 10.00 9
₱ 5.00 20
₱ 1.00 60
₱ 0.10 40
Total Bills and Coins User:
No Sales Invoice

Checks for Deposits:

Drawer Date Payee

Louie Tan December 28, 2011 Client

Eagle Contractors (Correct
Amount) December 30, 2011 Client

Dynasty Construction December 30, 2011 Client

Benitez Merchandising December 31, 2011 Client

Susan de Leon December 31, 2011 Client

Luli Samson January 3, 2012 Client

Total Checks for Deposit

Unreplenished Expense Check Vouchers and Advances:

Particulars Date
Representation Expense December 8, 2011
Gasoline Expense December 10&29, 2011
Light, Water and Telephone December 15&20, 2011
Miscellaneous Expense December 18&21, 2011
IOU - Jon Sandoval
IOU - Maricel Pastor
Total Vouchers

Bills and Coins ₱ 1,404.00

Checks ₱ 1,163,750.00
IOUS ₱ 2,800.00
Unreplenished Expenses ₱ 8,300.00
Total Petty Cash Accounted For ₱ 1,176,254.00
Petty Cash Accountabilities
 tion
heet
:00 AM

Total
###
###
###
###
###
###
###
###
###
###

Particulars Amount
PCIB Ck # 2255, OR 118, S. User:
Inv. 1240 ₱ 484,000.00 Overstated ang naa sa cash
count : P 165, 560.00
FEBTC Ck.#408, OR 119,S.
Inv. 1264 ₱ 165,550.00
PNB Ck#1122, OR 120, S. Inv.
1265 ₱ 186,250.00
PCIB Ck # 4425, OR 121, S.
Inv. 1266 ₱ 93,750.00
FEBTC Ck.#775, OR 122,S.
Inv. 1258 ₱ 204,475.00

PNB Ck#203, OR 123, S. Inv.

1268 - Post Dated Ck (Jan.
15, 2012) ₱ 29,725.00
₱ 1,163,750.00

Date Amount
December 8, 2011 ###
ecember 10&29, 2011 ###
ecember 15&20, 2011 ###
ecember 18&21, 2011 ₱ 400.00
₱ 250.00
###
₱ 11,100.00