The bank portion of the bank reconciliation for Oriole Company at November 30, 2022, was as follows. Oriole COMPANY Bank Reconciliation (Partial) November 30, 2022 Cash balance per bank Add: Deposits in transit $14,767.90 2,530.20 Less: Outstanding checks 17,298.10 Check Number 3451 Check Amount 3470 $2,261.20 3471 721.20 3472 845.20 3474 1,427.20 Adjusted cash balance per bank 1,052.20 6,307.00 $10.991.10 search The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. Bank Statement Checks Date Deposits Number Amount Date 12-1 3451 Amount $2,261.20 12-2 12-1 3471 $ 2,530.20 845.20 12-7 12-4 3472 1,212.20 1,427.20 12-4 12-8 3475 2,366.20 1,641.20 12-8 12-16 3476 2,673.20 1,301.20 12-10 12-21 3477 2,946,20 2,131.20 12-15 12-26 3479 2,568.20 3,081.20 12-27 12-29 3480 2,837.20 601.20 12-30 12-30 3482 1.026.20 476.70 Total 10.00 $18,159.60 RAR ALL 12-1 3451 $2,261.20 12-2 12-1 3471 $2,530.20 845.20 12-7 12-4 3472 1,212.20 1,427.20 12-4 12-8 3475 2,366.20 1,641.20 12-8 12-16 3476 2,673.20 1,301.20 12-10 12-21 3477 2,946.20 2,131.20 12-15 12-26 3479 2,568.20 3,081.20 12-27 12-29 3480 2,837.20 601.20 12-30 12-30 3482 1,026.20 476.70 Total 12-29 $18,159.60 3483 1,141.20 12-31 3485 530.80 Total $15,438.30 The cash records per books for December showed the following. Cash Payments Journal > The cash records per books for December showed the following. Cash Payments Journal Date Number Amount Cash Receipts Journal Date 12-1 Number 3475 Amount $1,641.20 Date 12-20 12-2 3482 Amount 3476 $476.70 1,301.20 12-3 12-22 12-2 3483 $1,212.20 3477 2,131.20 1,141.20 D. 12-7 12-23 12-4 3484 2,366.20 3478 798.20 622.50 12-15 12-24 12-8 3485 2,673.20 3479 350.80 3,081.20 12-20 12-30 2,954.00 12-10 3486 3480 890.70 601.20 12-25 Total 2,568.20 12-17 3481 $13,844.70 808.60 12-28 2,837.20 12-30 1,026.20 12-31 1,691.60 Total $17,328.80 The bank statement contained two memoranda: i The bank statement contained two memoranda: - 14 1. A credit of $6,370.00 for the collection of a $6,200.00 note for Oriole Company plus interest of $200.00 and less a collection fee of $30.00. Oriole Company has not previously recorded any interest on the note, 2. A debit of $86.50 for an NSF check written by L. Rees, a customer. At December 31, the check had not been redeposited in the bank. At December 31, the cash balance per books was $14,475.20, and the cash balance per the bank statement was $23,772.70. The bank did not make any errors, but two errors were made by Oriole Company Using the five steps in the reconciliation procedure, prepare a bank reconciliation at December 31. (Round answers to 2 decimal places, eg. 52.75. List items that increase cash balance first. Reconcile cash balance per bank first.) ORIOLE COMPANY Bank Reconciliation $ VH > O O - 14 ORIOLE COMPANY Bank Reconciliation $ V: : $ o $ LE RTH 64 > E > Taman o $ $ $ e Textbook and Media List of Accounts o Bi To be made to Accounts Payable. The correction of any errors relating to recording cash receipts should be made to Accounts eceivable.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 cimal places, eg. 52.75.) -14 No. Account Titles and Explanation Dec. 31 Debit Credit (To record collection of note receivable by bank) Dec. 31 (To record NSF check) Dec. 31 o Bi e -14 (To record NSF check) ec. 31 1 (To correct error in recording check) ec. 31 (To correct error in deposit) Textbook and Media List of Accounts for Later
