Fictional Marlowe Design Studio Inc — May bank statement and cash-book control
Account: bnk-marlowe. Period: prd-marlowe-may. Currency: USD.
Opening bank balance: 1,130.00.
Payroll paid May 15: (312.00).
Customer check deposit MD-DEP-108: 1,000.00.
Returned check NSF MD-NSF-108: (1,000.00).
Statement ending balance: 818.00.
The posted ledger contains the opening balance, payroll, Alder receipt and
Orchid deposit of 700.00. Its balance is 2,518.00. The NSF reversal is not posted.
Reconciliation from posted books to statement: 2,518.00 - 1,000.00 proposed NSF
adjustment - 700.00 deposit in transit = 818.00. Identify the NSF adjustment
separately from the timing item. Proposing it does not change the posted ledger.
The imported Orchid row is a cash-book deposit awaiting bank clearance.
