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The bank portion of the bank reconciliation for Oriole Company at October was as follows:
ORIOLE COMPANY Bank Reconciliation October
Cash balance per bank
Add: Deposits in transit
$
Less: Outstanding cheques
#
$
#
#
#
#
Adjusted cash balance per bank
$
The adjusted cash balance per barnk agreed with the cash balance per books at October The November bank statement shower
Q SearchORIOLE COMPANY Bank Statement November
Cheques and Other Debits
Date
Number
Amount
Deposits
Amount
Oct.
$
Nov.
$
$
NSF
EFT
LN
Additional information from the bank statement:
The EFT of $ is an electronic transfer from a customer in payment of its account. The amount includes $ of inte that Oriole Company had not previously accrued.
The NSF for $ is a $ cheque from a customer, Whispering Winds Holdings, in payment of its account, plus a $ processing fee. The company's policy is to pass on all NSF service charges to the customer.
The LN is a payment of a note payable with the bank and consists of $ interest and $ principal.
At November the cash balance per books was $ The bank did not make any errors. The cash records per bo November follow. Two errors were made by Oriole Company.
Cash Payments
Date
Cheque No
Amount
Date
Cheque No
Amount
Nov.
$
Nov.
$
Total
$
Cash Receipts
Date
Amount
Nov.
$
Total
$
a
Prepare a bank reconciliation at November List Items that increase balance as per bank & books first.
ORIOLE COMPANY
Bank Reconciliation
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