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Oriole Limited Bank Reconciliation July 31 |
|
| Particulars | Amount |
| Cash balance per books | 19,590.00 |
| Cash receipts | 21,400.00 |
| Cash payments | (24,300.00) |
| Cash balance per books in July | 16,690.00 |
| Add Adjustments: | |
| Outstanding cheques | 4,000.00 |
| ETF collections by bank | 2,192.00 |
| Less | |
| Deposit in Transit | (1,820.00) |
| NSF Check | (1,248.00) |
| NSF Fee | (72.00) |
| Bank Service charge | (112.00) |
| Cash balance per bank | 19,630.00 |
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The following information is for Oriole Ltd. in July: 1. Cash balance per bank, July 31, $10,680, 2. Cash balance per books, July 31, $8,940. 3. Bank service charge, $30. 4. Deposits in transit, $1,985. 5. Electronic receipts from customers in payment of their accounts, $1,310, not previously recorded by the company 6. Outstanding cheques, $2,355. 7. Cheque #373 was correctly written in the amount of $890 but was incorrectly recorded by the company's bookkeeper as $980. The cheque was...
The following information is for Carla Vista Company: 1. 2. 3. 4. 5. 6. Cash balance per bank, July 31, $8,394. July bank service charge not recorded by the depositor, $26. The bank erroneously charged another company's $800 cheque against Carla Vista's account. Cash balance per books, July 31, $10,014. The bank charged Carla Vista's account $400 for a customer's NSF cheque. Deposits in transit, July 31, $2,510. Carla Vista recorded a cash receipt from a cash sale from a...
SLLALTUnenens Exercise 7-9 This information relates to the Cash account in the ledger of Oriole Company Balance September 1-$20,570; Cash deposited-$64,000 Balance September 30-$21,770; Checks written-$62,800 The September bank statement shows a balance of $20,670 at September 30 and the following memoranda. Credits Collection of electronic funds transfer Debits NSF check: H. Kane $2,400 $1,130 Interest earned on checking account 60 Safety deposit box rent 75 At September 30, deposits in transit were $5,323 and outstanding checks totaled $2,968. Prepare...
Question 2 4/8 View Policies Show Attempt History Current Attempt in Progress On July 31, Oriole Ltd. had a cash balance of $12,690 in its general ledger. The bank statement from the Caisse Populaire on that date showed a balance of $21,513. A comparison of the bank statement with the Cash account revealed the following: 1. The bank statement included service charges and credit card fees of $116. 2. The bank statement included electronic collections from customers on account totalling...
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