An examination of the company's July bank statement shows a balance of $19,630 on July 31; outstanding cheques $4,000; deposits in transit $1,820; EFT collections on account that were not yet recorded on the books $2,192; NSF cheque $1,248; NSF fee $72; and bank services charges $112. Determine the cash balance per Oriole Limited’s books.

Prepare the bank reconciliation at July 31.

 

Answer rating: 100% (QA)

Oriole Limited Bank Reconcilitaion Jul31 Particulars Amount Bank Cash balance as per ... View the full answer