Chapter 8 Homework Question 4 of 5 > The bank portion of the bank reconciliation for Sheridan Company at November 30, 2022, was as follows -/20 TE Sheridan Company Bank Reconciliation November 30, 2022 Cash balance per bank $14,607.90 Add: Deposits in transit 2.530.201 17.138.10 Less: Outstanding checks Check Number Check Amount 3451 $2.260.40 3470 720.10 3471 844.50 3472 1.426.80 3474 1.053.70 6,305.50 Adjusted cash balance per bank $10.832.60 The adjusted cash balance per bank agreed with the cash balance per books at November 30, The December bank statement showed the following checks and deposits Chapter 8 Homework Question 4 of 5 Bank Statement Checks Deposits Date: Number Amount Date Amount 12-1 3451 $2.260.40 12-1 $2.530.20 12-2 3471 844.50 12-4 1.211.60 12-7 3472 1.426.80 12-8 2.365.1 12-4 3475) 1.640.70 12-16 2,672.70 12-81 3476 1,300.00 12-21 2.945.00 12-10 3477 2.130.00 12-26 2.567.30 12-15 3479 3.08000 12-29 2.836.00 12-27 3480 600.00 12:30 1025.00 12-30 3482 475.50 Total $18.152.90 12-29 3483 1.140.00 12-31 3485 530.80 Total $15,428.70 @ The cash records per books for December showed the following -/201 Chapter 8 Homework Question 4 of 5 Journal Date Number Amount Date Number Amount Date Amount 12-1 3475 $1.640.70 12-20 3482 $475.50 12-3 $1,211,60 12-2 3476 1.300.00 12-22 3483 1.140.00 12-7 2.365.1 12-2 3477 2.130.00 12-23 3484 794.30 12-45 2,672.70 12:4 3478 621.30 12-24 3485 350.80 12-20 2.954.00 12-8 3479 3.080.00 12-30 3486 889.50 12-25 2.567.30 12-10 3480 600.00 Total $13.829.50 12-28 2.836.00 12-17 3481 807.40 12-30 1,025.00 12-31 1.690.40 Total $17.322.10 The bank statement contained two memoranda -120 1 1. 2. A credit of $2,280 for the collection of an accounts receivable of Sheridan Company through an electronic funds transfer. A debit for the printing of additional company checks $89. At December 31, the cash balance per books was $14,325.20, and the cash balance per the bank statement was $19.523.10. The bank did not make any errors, but Sheridan Company made two errors 3 Question 4 of 5 > -/201 Prepare a bank reconciliation at December 31, 2022. (Round answers to 2 decimal places. eg. 52.75, List items that Increase cash balance first. Reconcile cash balance per bank first.) SHERIDAN COMPANY Bank Reconciliation December 31, 2022 Cash balance per bank statement Add Deposits in transit 1952310 2954 Question 4 of 5 < > -/20 automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, eg 52.75.) No. Account Titles and Explanation Dec. 31 Debit Credit (To record collection of electronic funds transfer by bank) Dec. 31 Dec. 31 Dec. 31 (To record bank service charge) (To correct error in recording check)) To correct accorin deposit)