is the adjusting entries? Transcribed Image Text: Prepare the bank reconciliation on June 30 and July 31, and adjusting journal entries on July 31 * Sassy Company provided the following

is the adjusting entries? Transcribed Image Text: Prepare the bank reconciliation on June 30 and July 31,
and adjusting journal entries on July 31 *
Sassy Company provided the following data for the month of
July:
Cash in bank
1,000,000
Balance June 30
Book debits for July including June CM
for note collected, P300,000
Book credits for July including June NSF
of P100,000 and service charge of P4,000
4,000,000
3,600,000
Bank statement for July
1,650,000
Balance June 30
Bank debits for July including service
charge of P1,000 and June outstanding
checks of P854,000
Bank credits for July including CM for
bank loan of P50,000 and June deposit in
transit of P400,000
2,500,000
3,500,000
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