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please help with this accounting problem! The following information pertains to Sandhill Company support 1. Cash balance per books, August 31, $7.424. 2. Cash balance
please help with this accounting problem!
The following information pertains to Sandhill Company support 1. Cash balance per books, August 31, $7.424. 2. Cash balance per bank, August 31. 57,388. 3. Outstanding checks, August 31, $697. 4. August bank service charge not recorded by the depositor $49. 5. Deposits in transit, August 31, $3,160 In addition, $2.476 collected for Sandhill Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Sandhill Company Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) SANDHILL COMPANY Bank Reconciliation eTextbook and Media List of Accounts Journalize the adjusting entries at August 31 on the books of Sandhill Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 To record bank service charge) e Textbook and Media List of Accounts Step by Step Solution
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