The Following Information Was Available for Wild Oat Company for the Month

question 49

Essay

The following information was available for Wild Oat Company for the month ended May 31, 2020.
(a) The book balance at May 31,2020 was $\$ 6,890.22$ .
(b) The bank balance at May 31,2020 was $\$ 8,660.22$
(c) Outstariding cheques armounted to $\$ 6,310$ .
(d) The may 31 st cash receipts of $\$ 5,600$ were deposited but have not yet appeared on the bank statement.
(e) A $\$ 50$ debit memorardum for cheques prirted by the bank was included with the caricelled cheques.
(f) A customer' 5 note for $\$ 1,000$ was collected by the bank. In addition interest on the Dote was $\$ 110$ Prepare a bank reconciliation for Wild Oat Company at May 31, 2020.

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Definitions:

Stimulus Orienting

The process of directing attention toward a specific stimulus in the environment.

Perceptual-Motor Skills

Abilities that involve the coordination of perception and movement, enabling individuals to perform tasks requiring fine or gross motor actions in response to visual or other sensory information.

Habituate

The process by which an individual becomes accustomed to a stimulus and eventually stops responding to it with the same intensity.

Conceptual Understandings

The grasp of ideas, principles, and theories, enabling deep comprehension beyond mere facts or procedures.