In preparing its August 31, 2018 bank reconciliation, Sheffield Corp. has available the following information: Balance per bank statement, 8/31/18 Deposit in transit, 8/31/18 Return of customer's check not sufficient funds, 8/30/18 Outstanding checks, 8/31/18 Bank service charges for August $65500 11100 1830 8340 330 At August 31, 2018, Sheffield's adjusted cash balance is O $62740. $57160. $68260. O $56830. Save for Later Attempts: 0 of 1 used Sul 19 AN o 9 View Policies Current Attempt in Progress If a check correctly written and paid by the bank for $406 is incorrectly recorded on the company's books for $460, the appropriate treatment on the bank reconciliation would be to o add $54 to the bank's balance. O add $54 to the book's balance. deduct $54 from the bank's balance, O deduct $406 from the book's balance. Save for Later Attempts: 0 of 1 used Submit Answer 19 An Ale