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This information relates to the Cash account for Oriole Company. Balance September 1$17,190; Cash deposited $64,000 Balance September 30$18,390; Checks written- $62,800 The September bank
This information relates to the Cash account for Oriole Company. Balance September 1$17,190; Cash deposited $64,000 Balance September 30$18,390; Checks written- $62,800 The September bank statement shows a balance of $17,290 at September 30 and the following memoranda. At September 30 , deposits in transit were $5,053 and outstanding checks totaled $2,698. Add Electronic funds transfer received Interest earned 60 Prepare a tabular analysis for the adjustments at September 30 , assuming the NSF check was from a customer on account. Include margin explanations for the changes in revenues and expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
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