Question

This information relates to the Cash account in the ledger of Oriole Company.

          Balance September 1—$17,190; Cash deposited—$64,000
          Balance September 30—$18,390; Checks written—$62,800

The September bank statement shows a balance of $17,290 at September 30 and the following memoranda.

Credits				Debits
Collection from customer of electronic funds transfer		$2,130		NSF check: H. Kane		$860
Interest earned on checking account		60		Safety deposit box rent		75

At September 30, deposits in transit were $5,053 and outstanding checks totaled $2,698.

Prepare the bank reconciliation at September 30, 2022. (List items that increase balance as per bank & books first.)

ORIOLE COMPANY Bank Reconciliation choose the accounting period                                                                      For the Month Ended September 30, 2022September 30, 2022For the Year Ended September 30, 2022
select an opening name for section one                                                                      Cash balance per bank statementElectronic funds transfer receivedInterest earnedAdjusted cash balance per bankNSF checkOutstanding checksDeposits in transitSafety deposit box rent					$enter a dollar amount
select between addition and deduction                                                                      AddLess:	select a reconciling item                                                                      Safety deposit box rentElectronic funds transfer receivedAdjusted cash balance per bankCash balance per bank statementNSF checkInterest earnedDeposits in transitOutstanding checks				enter a dollar amount
					enter a subtotal of the two previous amounts
select between addition and deduction                                                                      AddLess:	select a reconciling item                                                                      Adjusted cash balance per bankDeposits in transitOutstanding checksNSF checkCash balance per bank statementSafety deposit box rentInterest earnedElectronic funds transfer received				enter a dollar amount
select a closing name for section one                                                                      Electronic funds transfer receivedSafety deposit box rentNSF checkDeposits in transitInterest earnedOutstanding checksAdjusted cash balance per bankCash balance per bank statement					$enter a total amount for the first section
select an opening name for section two                                                                      Electronic funds transfer receivedSafety deposit box rentCash balance per booksInterest earnedNSF checkDeposits in transitOutstanding checksAdjusted cash balance per books					$enter a dollar amount
select between addition and deduction                                                                      AddLess:
	select a reconciling item                                                                      Deposits in transitInterest earnedSafety deposit box rentCash balance per booksOutstanding checksElectronic funds transfer receivedAdjusted cash balance per booksNSF check		$enter a dollar amount
	select a reconciling item                                                                      Deposits in transitCash balance per booksElectronic funds transfer receivedNSF checkOutstanding checksSafety deposit box rentAdjusted cash balance per booksInterest earned		enter a dollar amount
					enter a subtotal of the two previous amounts
					enter a subtotal of the two previous amounts
select between addition and deduction                                                                      AddLess:
	select a reconciling item                                                                      Outstanding checksAdjusted cash balance per booksCash balance per booksNSF checkInterest earnedSafety deposit box rentDeposits in transitElectronic funds transfer received		enter a dollar amount
	select a reconciling item                                                                      Cash balance per booksOutstanding checksInterest earnedDeposits in transitNSF checkSafety deposit box rentAdjusted cash balance per booksElectronic funds transfer received		enter a dollar amount
					enter a subtotal of the two previous amounts
select a closing name for section two                                                                      Interest earnedCash balance per booksOutstanding checksNSF checkElectronic funds transfer receivedAdjusted cash balance per booksDeposits in transitSafety deposit box rent					$enter a total amount for the second section

eTextbook and Media

List of Accounts

Prepare the adjusting entries at September 30, assuming the NSF check was from a customer on account. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Sept. 30	enter an account title to record electronic funds transfer received by bank on September 30	enter a debit amount	enter a credit amount
	enter an account title to record electronic funds transfer received by bank on September 30	enter a debit amount	enter a credit amount
	(To record electronic funds transfer received by bank)
Sept. 30	enter an account title to record interest earned on checking account on September 30	enter a debit amount	enter a credit amount
	enter an account title to record interest earned on checking account on September 30	enter a debit amount	enter a credit amount
	(To record Interest earned on checking account)
Sept. 30	enter an account title To record NSF check on September 30	enter a debit amount	enter a credit amount
	enter an account title To record NSF check on September 30	enter a debit amount	enter a credit amount
	(To record NSF check)
Sept. 30	enter an account title to record charges for safety deposit box rent on September 30	enter a debit amount	enter a credit amount
	enter an account title to record charges for safety deposit box rent on September 30	enter a debit amount	enter a credit amount
	(To record charges for safety deposit box rent

Answer 1