Question: PRINTER VERSION BACK EXT Problem 7-4A (Part Level Submission) The bank portion of the bank recondiliation for Oriole Company at October 31, 2017, Is shown
PRINTER VERSION BACK EXT Problem 7-4A (Part Level Submission) The bank portion of the bank recondiliation for Oriole Company at October 31, 2017, Is shown below. ORIOLE COMPANY Bank Reconciliation October 31, 2017 Cash balance per bank Add: Deposits in transit 12,507.90 1,530.20 14,038.10 Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Adjusted cash balance per bank Check Amount s 1,260.40 684.20 844.50 434.55 1,050.00 4.273.6 $9,764.45 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits. Checks Deposits Date Number Amount Date Amount 11-1 2470 684.20 11-1 $1,530.20 1-4 1,211.60 990.10 11-4 2475 1,640.70 11-13 2,575.00 11-82476 2,830.00 11-18 1,472.70 600.00 11-21 2,945.00 11-2 2471 11-5 2474 1,050.00 11-8 844.50 114 1,211.60 11-10 2477
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
