The March bank statement showed the following for Oriole Co.: ORIOLE CO. Bank Statement March 31, 2021 Cheques and Other Debits Number Amount Deposits Date Amount Feb. 28 Mar. 3 3470 $2,504 4 3471 $1,504 818 1,404 375 6 1,204 3472 3473 7 10 NSE 555 11 3475 464 1,724 $12,704 13,704 12,886 12,686 12,311 11,756 13,016 12,112 12,572 14,386 12,072 11,469 10,349 8,695 8,672 14 3477 904 17 3476 1,804 2,264 20 1,814 21 3474 26 3478 2,314 3,070 1,120 2,467 31 LN 31 3480 1,654 31 SC 43 IN 20 Additional information: 1. The bank statement contained three debit memoranda: An NSF cheque of $555 that Oriole had deposited was returned due to insufficient funds in the maker's bank account. This cheque was originally given to Oriole by Mr. Jordan, a customer, in payment of his account. Oriole believes it will be able to collect this amount from Mr. Jordan. A bank loan payment (LN), which included $120 of interest and a $1,000 payment on the principal. (Hint: Use Notes Payable.) A service charge (SC) of $43 for bank services provided throughout the month. The bank statement contained one credit memorandum for $20 of interest (IN) earned on the account for the month. The bank made an error processing cheque #3478. No other errors were made by the bank. 2. 3. Oriole's unadjusted cash balance per its general ledger on March 31 is $6,181. Oriole's list of cash receipts and cash payments showed the following for March: Cash Receipts Date Amount Mar. 5 $1,204 10 1,724 14 2.264 20 1.814 25 31 2,476 1.014 $10.496 Total Date Amount Mar. 3 Cash Payments Cheque No. 3472 3473 3474 3475 4 $1,404 735 2,314 6 7 464 13 3476 1,804 14 3477 904 19 3478 21 3479 28 3480 3,570 145 1,654 849 1,114 $14,957 31 3481 31 3482 Total The bank portion of the previous month's bank reconciliation for Oriole Co. at February 28, 2021, was as follows: ORIOLE CO. Bank Reconciliation February 28, 2021 Cash balance per bank Add: Deposits in transit $12,704 2,504 15,208 Less: Outstanding cheques #3451 #3470 $2,244 1,504 818 #3471 4,566 $10,642 Adjusted cash balance per bank Prepare a bank reconciliation at March 31. (List items that increase balance as per bank & books first.) ORIOLE CO. Bank Reconciliation March 31, 2021 $ Prepare a bank reconciliation at March 31. (List items that increase balance as per bank & books first.) ORIOLE CO. Bank Reconciliation March 31, 2021 $ $ Prepare the necessary adjusting entries at March 31. (Note: The correction of any errors in the recording of cheques should be made to Accounts Payable. The correction of any errors in the recording of cash receipts should be made to Accounts Receivable.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit Mar. 31 (To correct error in recording cheque issued and to record interest earned) Mar. 31 > > >