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The bookkeeper for Oriole Manufacturing Ltd. was trying to determine what items would be used in preparing the companys bank reconciliation that she is completing at May 31, 2021, the end of the companys first month of operations. The companys bank statement showed the following:

ORIOLEMANUFACTURING LTD. Bank Statement May 31
Date			Description		Amounts Deducted from Account (Debits)		Amounts Added to Account (Credits)		Balance
May	1		Deposit				27,500		27,500
	3		Cheque, No. 001		1,776				25,724
	5		Cheque, No. 002		7,849				17,875
	15		Deposit				5,115		22,990
	19		Cheque, No. 004		9,121				13,869
	21		Cheque, No. 006		1,096				12,773
	25		Returned chequeNSF, S. Gillis		1,485				11,288
	25		NSF fee		35				11,253
	27		Cheque, No. 009		2,345				8,908
	28		Cheque, No. 010		2,161				6,747
	31		Bank service charges		47				6,700

Orioles summary of cash receipts (which were all deposited) and summary of cheques (which were all mailed out to suppliers) for the month of May showed the following:

Cash Receipts					Cash Payments
Date			Amount		Date			Number		Amount
May	1		$ 27,500		May	2		001		$ 1,776
	15		5,115			3		002		7,849
	31		8,596			14		003		1,850
			$ 41,211			15		004		9,121
						18		005		393
						19		006		1,096
						22		007		2,349
						23		008		585
						25		009		2,345
						26		010		2,161
										$ 29,525

(a)

Review Orioles cash receipts summary and determine the amount of any deposits not recorded by the bank. These will be deposits in transit. (Hint: It can be useful to check off or cross out the deposits that appear on both the bank statement and the cash receipts summary because these will not be deposits in transit.)

Deposit in transit of May 31

$ enter deposit in transit of May 31 in dollars

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