The following errors were found when the controller at Oriole Camping was doing the July $31$ bank reconciliation.

$1.$

On July $9,$ Oriole recorded a deposit as $$2,075.$ The correct amount was $$7,520.$ The deposit was for the collection of an account receivable and the bank recorded it correctly.

$2.$

On July $14,$ Oriole recorded a payment on account as $$1,600.$ The correct amount was $$1,060.$ It was correctly recorded by the bank.

$3.$

On July $16,$ Oriole recorded a payment for the purchase of supplies as $$190.$ The correct amount was $$910.$ It was correctly recorded by the bank.

$4.$

On July $22,$ the bank recorded a deposit as $$730.$ The correct amount was $$370.$ This error was corrected by the bank on July $23.$ Oriole had correctly recorded the deposit.

$5.$

On July $25,$ Oriole recorded a deposit as $$686.$ The correct amount was $$866.$ The deposit was for the collection of an account receivable. This deposit was correctly recorded by the bank on July $28.$

$6.$

On July $31,$ the bank debited Oriole$$s account $$270$ for a cheque written by another company, Country Land, because the account number on the cheque had been damaged. The bank employee who looked up the account number made a mistake.

Describe the impact of each of these items on the bank reconciliation.

$1.$

select an item

Added to the bank balance Added to the company cash balance Bank error and it was corrected by the bank on July $23$ Deducted from the bank balance Deducted from the company cash balance

$enter a dollar amount

$2.$

select an option

Added to the bank balance Added to the company cash balance Bank error and it was corrected by the bank on July $23$ Deducted from the bank balance Deducted from the company cash balance

$enter a dollar amount

$3.$

select an option

Added to the bank balance Added to the company cash balance Bank error and it was corrected by the bank on July $23$ Deducted from the bank balance Deducted from the company cash balance

$enter a dollar amount

$4.$

select an option

Added to the bank balance Added to the company cash balance Bank error and it was corrected by the bank on July $23$ Deducted from the bank balance Deducted from the company cash balance

$enter a dollar amount

$5.$

select an option

Added to the bank balance Added to the company cash balance Bank error and it was corrected by the bank on July $23$ Deducted from the bank balance Deducted from the company cash balance

$enter a dollar amount

$6.$

select an option

Added to the bank balance Added to the company cash balance Bank error and it was corrected by the bank on July $23$ Deducted from the bank balance Deducted from the company cash balance

$enter a dollar amount

eTextbook and Media

List of Accounts

Prepare any entries that Oriole will need to record. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

No$.$

Account Titles

Debit

Credit

$1.$

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

$2.$

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

$3.$

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

$4.$

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

$5.$

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

$6.$

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount