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Question 1 The bank portion of the bank reconciliation for Sheridan Company at October 31, 2017, is shown below SHERIDAN COMPANY Bank Reconciliation October 31, 2017 Cash balance per bank Add: Deposits in transit $12,527.90 1,530.20 14,058.10 Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Adjusted cash balance per bank Check Amount $ 1,260.40 684.20 844.50 432.90 1,050.00 4,272 $9,786.10