On July 31, 2022, Oriole Company had a cash balance per books of $6,315.00. The statement from Dakota State Bank on that date showed a balance of $7,865.80. A comparison of the bank statement with the Cash account revealed the following facts.

1.The bank service charge for July was $20.00.

2.The bank collected $1,695.00 from a customer for Oriole Company through electronic funds transfer.

3.The July 31 receipts of $1,373.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31.

http://4.Company check No. 2480 issued to L. Taylor, a creditor, for $394.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $349.00.

5.Checks outstanding on July 31 totaled $2,044.10.

6.On July 31, the bank statement showed an NSF charge of $750.00 for a check received by the company from W. Krueger, a customer, on account.

ORIOLE COMPANY Bank Reconciliation y