Question $4$ of $15$

A cheque from one of Oriole's customers in the amount of $$1,240$ that had been deposited during the last week of May was returned with the bank statement as NSF$.$

Bank service charges for the month were $$40.$

The company had written and mailed out cheques with a value of $$4,655$ that had not yet cleared the bank.

Cheque #$791,$ which was a payment for advertising expenses of $$340,$ was incorrectly recorded in the general ledger $$430.$

During the month, one of Oriole's customers paid its account using an electronic funds transfer. The payment was for $$4,095.$

The cash receipts for May $31$ amounted to $$2,250$ and had been deposited in the night drop slot at the bank on the evening of May $31.$ These were not reflected on the bank statement for May.

$($a$)$

Your answer is partially correct.

Prepare the bank reconciliation for Oriole at May $31.($List items that increase balance as per bank & books first.$)$