The following are items found in the records of ABC Corp at Dec 31, 20X1:     Cash in BPI , P102,000     Cash in Metro bank, P4,000 (credit balance)     Cash in Union bank, P75,000     Petty cash fund , P5,000 (includes un replenished voucher of P2,000)     Undeposited customers' checks, P23,000     Undeposited post dated checks from Customer A, P10,000     Unreleased supplier's check deducted from Metro Bank, P5,000     Undeposited bills and coins, P10,235 How much is the cash balance at Dec 31, 20X1?     214,235 218,235 220,235 228,235

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.