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The following information pertains to Oriole Company 1. Cash balance per bank, July 31, $8,088. 2. July bank service charge not recorded by the depositor
The following information pertains to Oriole Company 1. Cash balance per bank, July 31, $8,088. 2. July bank service charge not recorded by the depositor $55. 3. Cash balance per books, July 31, $8,124. 4. Deposits in transit, July 31, $3,460. 5. $2.776 collected for Oriole Company in July by the bank through electronic funds transfer. The collection has not been recorded by Oriole Company. 6. Outstanding checks, July 31, $703. Prepare a bank reconciliation at July 31, 2017. (List items that increase balance as per bank & books first.) ORIOLE COMPANY Bank Reconciliation Outstanding checks Adjusted cash balance per books Electronic funds transfer received Deposits in transit Cash balance per books Bank service charge
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