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The following information pertains to the bank transactions of Oxford Realty as of October 31, 2016 A. Cash per books is $5000. The balance on

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The following information pertains to the bank transactions of Oxford Realty as of October 31, 2016 A. Cash per books is $5000. The balance on the bank statement is $4900. B. Outstanding checks totaled $2000. C. Bank service charges for October were $35. D. October 31st deposits of $1500 did not appear on the bank statement E. An NSF check was returned from Dr. Perkins for $100. The bank charged a $25 fee for this bounce. F.The bank mistakenly deducted a check for $400 which was really for McIntosh Realty. G. The bank credited interest for $50 for the month of October H. A check for $321 was processed correctly by the bank. The company had recorded this purchase for advertising expense incorrectly in the amount of $231. !Prepare a formal bank reconciliation for Oxford Realty as of October 31, 2016. 2. Prepare journal entries necessary from the reconciliation

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