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Prepare entries necessary $to$ make the books correct and complete. $(Enter$ answers $to2$ decimal places, $e.g.125\mathrm{.}62.Ifno$ entry $is$

required, select $"No$ Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented

when the amount $is$ entered. $Do$ not indent manually. List all debit entries before credit entries.$)$

Your answer $is$ correct.

Prepare a bank reconciliation dated June $30,2025,$ proceeding $to$ a correct cash balance. $(Enter$ answers $to2$ decimal places, $e.g.$

$125\mathrm{.}62.)$

ORIOLE $CO.$

Bank Reconciliation

June $30,2025$

Deposits $in$ Transit

Correct Cash Balance

Balance per Books

Add:

Note Collection

$

Less:

Bank Service Charges

Error $on$ Check $no.742$

eTextbook and Media

List $of$ Accounts

The cash account $of$ Oriole $Co.$ showed a ledger balance $of$ $$19,561\mathrm{.}25on$ June $30,2025.$ The bank statement $asof$ that date showed $a$

balance $of$ $$20,750.$ Upon comparing the statement with the cash records, the following facts were determined.

There were bank service charges for June $of$ $$125.$

A bank memo stated that Bao Dai's note for $$6,000$ and interest $of$ $$180\mathrm{.}00$ had been collected $on$ June $29,$ and the bank had

made a charge $of$ $$27\mathrm{.}50on$ the collection. $(No$ entry had been made $on$ Oriole's books when Bao Dai's note was sent $to$ the

bank for collection.$)$

Receipts for June $30$ for $$16,950$ were not deposited until July $2.$

Checks outstanding $on$ June $30$ totaled $$10,680\mathrm{.}25.$

The bank had charged the Oriole $Co.\text{'}s$ account for a customer's uncollectible check amounting $to$ $$1,266\mathrm{.}00on$ June $29.$

A customer's check for $$450(as$ payment $on$ the customer's Accounts Receivable$)$ had been entered $as$ $$300in$ the cash

receipts journal $by$ Oriole $on$ June $15.$

Check $no.742in$ the amount $of$ $$491$ had been entered $in$ the cash journal $as$ $$419,$ and check $no.747in$ the amount $of$

$$291\mathrm{.}00$ had been entered $as$ $$2,910\mathrm{.}00.$ Both checks had been issued $to$ pay for purchases and were payments $on$ Oriole's

Accounts Payable.

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