The following information is for Oriole Ltd. in July:

1.		Cash balance per bank, July 31, $10,680.
2.		Cash balance per books, July 31, $8,940.
3.		Bank service charge, $30.
4.		Deposits in transit, $1,985.
5.		Electronic receipts from customers in payment of their accounts, $1,310, not previously recorded by the company.
6.		Outstanding cheques, $2,355.
7.		Cheque #373 was correctly written in the amount of $890 but was incorrectly recorded by the companys bookkeeper as $980. The cheque was written to buy office supplies.

(a)

Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.)

ORIOLE LTD. Bank Reconciliation July 31
select an opening name for section one Cheque No. 373 errorCash balance per bank statementBank service chargesReconciled cash balance per bankDeposits in transitEFT depositsOutstanding cheques			$enter a dollar amount
select between addition and deduction AddLess: select a reconciling item Cheque No. 373 errorCash balance per bank statementEFT depositsReconciled cash balance per bankOutstanding chequesDeposits in transitBank service charges			enter a dollar amount
			enter a subtotal of the two previous amounts
select between addition and deduction AddLess: select a reconciling item Bank service chargesReconciled cash balance per bankDeposits in transitEFT depositsOutstanding chequesCash balance per bank statementCheque No. 373 error			enter a dollar amount
select a closing name for section one Cheque No. 373 errorCash balance per bank statementEFT depositsBank service chargesReconciled cash balance per bankDeposits in transitOutstanding cheques			$enter a total amount for section one
select an opening name for section two Cheque No. 373 errorOutstanding chequesCash balance per booksBank service chargesDeposits in transitReconciled cash balance per booksEFT deposits			$enter a dollar amount
select between addition and deduction AddLess:
select a reconciling item EFT depositsDeposits in transitReconciled cash balance per booksCheque No. 373 errorBank service chargesOutstanding chequesCash balance per books			enter a dollar amount
select a reconciling item Cash balance per booksCheque No. 373 errorOutstanding chequesEFT depositsReconciled cash balance per booksBank service chargesDeposits in transit			enter a dollar amount
			enter a subtotal of the three previous amounts
select between addition and deduction AddLess: select a reconciling item Bank service chargesDeposits in transitEFT depositsOutstanding chequesCheque No. 373 errorReconciled cash balance per booksCash balance per books			enter a dollar amount
select a closing name for section two Bank service chargesReconciled cash balance per booksOutstanding chequesDeposits in transitEFT depositsCash balance per booksCheque No. 373 error			$enter a total amount for section two