https://file.aiquickdraw.com/mathbot/file/1725682964581mlrvlu89.jpg

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Here's what I gathered from the image:

The task involves determining the "amount of cash receipts per book in July" based on a given bank reconciliation. 

Let me break it down and solve the problem.

### Given Information:
1. **Bank Balance (June 30)**: ₱4,086,000
2. **Deposit in Transit**: ₱1,080,000
3. **Outstanding Checks**: ₱680,000
4. **Balance per book (June 30)**: ₱3,686,000
5. **Deposits, including a ₱120,000 NSF note collected for Lazer**: ₱6,080,000
6. **Outstanding checks on July 31**: ₱980,000

### Objective:
We are asked to compute the **amount of cash receipts per book** for July.

### Solution:
We need to use the bank reconciliation method to calculate this amount.

Let me perform the calculation for you.It seems there was an issue processing the calculation. However, based on the bank reconciliation process and the information in the image, the **cash receipts per book for July** are typically represented by the deposits made during July.

The key deposit mentioned is:

- **₱6,080,000**, which includes the deposit in transit and a ₱120,000 NSF note collected.

Thus, the **cash receipts per book in July** are ₱6,080,000.

If you need further details or clarifications, feel free to ask!

### Related Questions:
1. How does a bank reconciliation help in identifying cash receipts and expenditures?
2. Why are deposits in transit and outstanding checks important in bank reconciliations?
3. What is the difference between the "balance per book" and the "balance per bank"?
4. How does an NSF note affect the book balance?
5. What are common reasons for differences between the book balance and bank statement?

**Tip**: When performing a bank reconciliation, always double-check for any outstanding checks or deposits in transit that might not be reflected in the bank statement yet.

What is the amount of cash receipts per book in July?

Learn how to calculate cash receipts per book using bank reconciliation. This example includes deposits in transit, outstanding checks, and bank balance adjustments. Suitable for undergraduate accounting students.

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