Oriole Emporium Company received the monthly statement for its bank account, showing a balance of $$67,300$ on August $31.$ The

balance in the Cash account in the company's accounting system at that date was $$72,628.$ The company's accountant reviewed the

statement and the company's accounting records and noted the following.

After comparing the cheques written by the company with those deducted from the bank account in August, the accountant

determined that all six cheques $($totalling $$6,180)$ that had been outstanding at the end of July were processed by the bank in

August. However, five cheques written in August, totalling $$4,500,$ were outstanding on August $31.$

A review of the deposits showed that a deposit made by the company on July $31$ for $$11,532$ was recorded by the bank on

August $1,$ and an August $31$ deposit of $$13,300$ was recorded in the company's accounting system but had not yet been

recorded by the bank.

The August bank statement also showed:

a service fee of $$24$

a customer's cheque in the amount of $$204$ that had been returned NSF

a bank loan payment of $$1,000,$ which included interest of $$130,$ that the bank had deducted automatically

a customer paid its $$4,700$ account balance by electronic transfer.

$($a$)$

Prepare a bank reconciliation as at August $31.($Hint: Items that were outstanding last month but have been processed this month

should no longer affect the bank reconciliation, since both the company and the bank now have them recorded.$)($List items that

increase balance as per bank & books first.$)$