Question 13 2.25/5 View Policies Show Attempt History Current Attempt in Progress On July 31, 2019, 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 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. 4. Company check No. 2480 issued to L. Taylor, a creditor, for $394.00 that cleared the bank in July was incorrectly entered as a cash payment 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. Bank Reconciliation July 31, 2019 Adjusted cash balance per bank 7865.8 Add Add : Deposits in transit Deposits in transit 1373.3 6492.5 Less 4: Outstanding checks 2044.1 i Adjusted cash balance per bank 7195 Adjusted cash balance per books Adjusted cash balance per books 6315 Add Electronic funds transfer received 1695 8010 Less Bank service charge Bank service charges NSF check 4 Error in recording check 2 0 i 750 i 45 815 815 i Adjusted cash balance per books 7195 Prepare the necessary adjusting entries at July 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date. Account Titles and Explanation Debit Credit July 31. (To record electronic funds transfer received by bank) 31. (To record NSF check) (To correct error in recording check) (To record bank service charge) eTextbook and Media