Current Attempt In Progress 1. 3. On August 31, 2021, Sandhill Company had a cash balance per its books of $26,570. The bank statement on that date showed a balance of $16,690. A comparison of the bank statement with the Cash account revealed the following The August 31 deposit of $16,950 was not included on the August bank statement 2 The bank statement shows that Sandhill received EFT deposits from customers on account totalling $1,880 in August Sandhill has not recorded any of these amounts. Cheque #673 for $1,430 was outstanding on July 31. It did not clear the bank account in August. All of the cheques writter In August have cleared the bank by August 31, except for cheque 1710 for $2,380, and #712 for $2,000. The bank statement showed on August 29 an NSF charge of $566 for a cheque issued by R. Dubai, a customer, in payment of their account. This amount Included an $8 service charge by Sandhi's bank. The company's policy is to pass on all NSF service charges to the customer. Bank service charges of $27 were included on the August statement 6 The bank recorded cheque 1705 for $125 as $152. The cheque had beenissued to pay for freight out on a sale. Sandhill had correctly recorded the cheque 4 5. Prepare a bank reconciliation at August 31. (List Items that increase balonce as per bank & books first) SANDHILL COMPANY Bank Reconciliation August 31, 2021 MacBook Pro 80 F2 F3 F4 S > MacBook Pro 6 F2 180 0 F3 F4 F7 # 3 $ 4 2 % 5 & 7 6 Prepare the necessary adjusting entries on August 31. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Aug 31 (To record electronic receipt from customer on account) Aug 31 (To record NSF cheque & bank service charge expense) Saver Attempts of us MacBook Pro of 80 F2 F3 F4 F7 @ # % A $ 4 & * 2 5