oriole company of emporia kansas soreads herbicides and applies liquid feetilizer for local farmers. on May 31, 2017 the companys cash account per its general ledger showed a balance od 6,863.90

Oriole Company of Emporia, Kansas, spreads heridicides and applies liquid fertilizer for local farmers. On May 31, 2017, the company's Cash account per its general ledger showed a balance of $6,863.90. The bank statement from Emporia State Bank on that date showed the following balance, EMPORIA STATE BANK Checks and Debits Deposits and Credits XXX XXX Daily Balance 5-317,093.00 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. 2. 3. 4. The statement included a debit memo of $65.00 for the printing of additional company checks. Cash sales of $908.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $958.15. The bank credited Oriole Company for the correct amount. Outstanding checks at May 31 totaled $267.25, and deposits in transit were $1.905.15. On May 18, the company issued check No. 1181 for $686.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Oriole Company for $668.00. A $2,840.00 note receivable was collected by the bank for Oriole Company on May 31 through electronic funds transfer Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $335.00 that was incorrectly charged to Oriole Company by the bank On May 31, the bank statement showed an NSF charge of $505.00 for a check issued by Sara Ballard, a customer, to Oriole Company on account. 5. 6. 7 EMPORIA STATE BANK Checks and Debits Deposits and Credits XXX XXX Daily Balance 5-317,093.00 1. 2. 3. A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. The statement included a debit memo of $65.00 for the printing of additional company checks. Cash sales of $908.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $958.15. The bank credited Oriole Company for the correct amount. Outstanding checks at May 31 totaled $267.25, and deposits in transit were $1.905.15. 4. On May 18, the company issued check No. 1181 for $686.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Oriole Company for $668.00, A $2,840.00 note receivable was collected by the bank for Oriole Company on May 31 through electronic funds transfer. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $335.00 that was incorrectly charged to Oriole Company by the bank. On May 31, the bank statement showed an NSF charge of $505.00 for a check issued by Sara Ballard, a customer to Oriole Company on account. 5. 6. 7. Pronare the bank recond TA Question 6 of 6