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Please Help The bank portion of the bank reconciliation for Sheridan Company at November 30,2022 , was as follows. The adjusted cash balance per bank
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The bank portion of the bank reconciliation for Sheridan Company at November 30,2022 , was as follows. 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. The cash records per books for December showed the following. Total 17,322.10 The bank statement contained two memoranda: 1. A credit of $2,410 for the collection of an accounts receivable of Sheridan Company through an electronic funds transfer. 2. A debit for the printing of additional company checks $88. At December 31, the cash balance per books was $14,295.20, and the cash balance per the bank statement was $19,714.10. The bank did not make any errors, but Sheridan Company made two errors. Prepare a bank reconciliation at December 31, 2022. (Round answers to 2 decimal places, e.g. 52.75 . List items that increase cash balance first. Reconcile cash balance ner bank first.) Cash balance per books $14295.20 Add : Electronic funds transfer received Less : Error in deposit $ 9 Error in recording check Check printing fee 88 Adjusted cash balance per books Prepare the adjusting entries based on the reconciliation. (List all debit entries before credit entries. Credit account titles are autnmaticallv indented when amount is entered. Do not indent manuallv. Round answers to 2 derimal nlares. e.a. 52.75Step by Step Solution
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