The following information pertains to Wildhorse Company.

1.

Cash balance per books, August 31, $7,374.2.

Cash balance per bank, August 31, $7,338.3.

Outstanding checks, August 31, $698.4.

August bank service charge not recorded by the depositor $50.5.

Deposits in transit, August 31, $3,210.

In addition, $2,526 collected for Wildhorse Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Wildhorse Company.

(a)

Make a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.)

WILDHORSE COMPANY

Bank Reconciliation

Choose the accounting period

Select an opening section 1 name

$Enter a dollar amount

Select between addition and deduction

:

Select a reconciling item

Enter a dollar amount

Enter a subtotal of the two previous amounts

Select between addition and deduction

:

Select a reconciling item

Enter a dollar amount

Select a closing section 1 name

$Enter a total amount for section one

Select an opening section 2 name

$Enter a dollar amount

Select between addition and deduction

:

Select a reconciling item

Enter a dollar amount

Enter a subtotal of the two previous amounts

Select between addition and deduction

:

Select a reconciling item

Enter a dollar amount

Select a closing section 2 name

$Enter a total amount for section two

*Options*

-Adjusted cash balance per bank

-Bank service charge

-Collection on electonic funds transfer

-Deposits in transit

-Cash balance per bank statement

-Outstanding checks