adjusting journal entries also

The bank portion of the bank reconciliation for Sheridan Company at October 31, 2021, was as follows: SHERIDAN COMPANY Bank Reconciliation October 31, 2021 Cash balance per bank Add: Deposits in transit $11,857 1,600 13,457 $1,200 880 810 Less: Outstanding cheques #2451 #2470 #2471 #2472 #2474 Adjusted cash balance per bank 523 1.100 4,513 $8.944 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following: SHERIDAN COMPANY Bank Statement November 30, 2021 Cheques and Other Debits Number Amount Deposits Date Amount Oct. 31 $11,857 Nov. 3 2470 $880 $1,600 12.577 4 2471 810 11,767 5 2475 1.243 11.369 1.641 1.100 6 2474 10.269 7 2476 1.930 990 9,329 10 2477 600 8.729 13 2.575 11,304 14 2479 1.750 9,554 18 2480 1.330 1.425 9.649 21 1.722 11.371 25 NSF 260 2.567 13.678 26 2481 695 12.983 27 1,650 14,633 28 2486 900 EFT 2,470 28 2483 585 1,186 16,203 16,804 14,554 30 LN 2,250 Additional information from the bank statement: 1. 2. The EFT of $2,470 is an electronic transfer from a customer in payment of its account. The amount includes $40 of interes that Sheridan Company had not previously accrued. The NSF for $260 is a $245 cheque from a customer, Pendray Holdings, in payment of its account, plus a $15 processing fee. The company's policy is to pass on all NSF service charges to the customer. The LN is a payment of a note payable with the bank and consists of $250 interest and $2.000 principal. At November 30, the cash balance per books was $10.127. The bank did not make any errors. 3. The cash records per books for November follow. Two errors were made by Sheridan Company. Cash Payments Amount Date Date Number Number Amount Nov. 3 2475 Nov. 18 2482 $620 3 2476 $1,641 1.390 600 20 2483 585 4 2477 21 2484 808 6 2478 540 24 2485 1,042 8 2479 1.750 26 2486 900 10 2480 1.330 28 2487 1,140 14 2481 695 Total $13,041 Cash Receipts Date Amount Nov. 3 $1,243 7 990 12 2,575 17 1.425 20 1.277 24 2.567 27 1,650 28 1.186 30 1.311 Total $14,224 Prepare a bank reconciliation at November 30