The bank portion of the bank reconciliation for Sandhill Co. at October 31, 2017, is shown below.

SANDHILL CO. Bank Reconciliation October 31, 2017
Cash balance per bank				$ 12,557.90
Add: Deposits in transit				1,530.20
				14,088.10
Less: Outstanding checks
Check Number		Check Amount
2451		$ 1,260.40
2470		684.20
2471		844.50
2472		428.50
2474		1,050.00		4,267.60
Adjusted cash balance per bank				$ 9,820.50

The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits.

Bank Statement
Checks						Deposits
Date		Number		Amount		Date		Amount
11-1		2470		$ 684.20		11-1		$ 1,530.20
11-2		2471		844.50		11-4		1,211.60
11-5		2474		1,050.00		11-8		990.10
11-4		2475		1,640.70		11-13		2,575.00
11-8		2476		2,830.00		11-18		1,472.70
11-10		2477		600.00		11-21		2,945.00
11-15		2479		1,730.00		11-25		2,567.30
11-18		2480		1,330.00		11-28		1,650.00
11-27		2481		695.40		11-30		1,186.00
11-30		2483		575.50		Total		16,127.90
11-29		2486		940.00
		Total		$ 12,920.30

The cash records per books for November showed the following.

Cash Payments Journal												Cash Receipts Journal
Date		Number		Amount		Date		Number		Amount		Date		Amount
11-1		2475		$ 1,640.70		11-20		2483		$ 575.50		11-3		$ 1,211.60
11-2		2476		2,830.00		11-22		2484		827.80		11-7		990.10
11-2		2477		600.00		11-23		2485		974.80		11-12		2,575.00
11-4		2478		538.20		11-24		2486		940.00		11-17		1,472.70
11-8		2479		1,703.00		11-29		2487		398.00		11-20		2,954.00
11-10		2480		1,330.00		11-30		2488		800.00		11-24		2,567.30
11-15		2481		695.40		Total				$ 14,465.40		11-27		1,650.00
11-18		2482		612.00								11-29		1,186.00
												11-30		1,494.00
												Total		$ 16,100.70

The bank statement contained two bank memoranda:

1.		A credit of $ 2,387.00 for the collection for Sandhill Co. of an electronic funds transfer.
2.		A debit for the printing of additional company checks $ 86.70.

At November 30, the cash balance per books was $ 11,455.80 and the cash balance per bank statement was $ 18,065.80. The bank did not make any errors, but Sandhill Co. made two errors.

Using the steps in the reconciliation procedure, prepare a bank reconciliation at November 30, 2017. (List items that increase balance as per bank and books first.)

SANDHILL CO. Bank Reconciliation choose the accounting period choose the accounting period

select an opening name for section one select an opening name for section one

					$ enter a dollar amount
select between addition and deduction select between addition and deduction

:	select a reconciling item select a reconciling item

				enter a dollar amount
					enter a subtotal of the two previous amounts
select between addition and deduction select between addition and deduction

:	select a reconciling item select a reconciling item

	select a Check Number select a Check Number

		$ enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
	select a Check Number select a Check Number

		enter a dollar amount
					enter a total amount for this reconciling item
select a closing name for section one select a closing name for section one

					$ enter a total amount for the first section
select an opening name for section two select an opening name for section two

					$ enter a dollar amount
select between addition and deduction select between addition and deduction

:	select a reconciling item select a reconciling item

				enter a dollar amount
					enter a subtotal of the two previous amounts
select between addition and deduction select between addition and deduction

:
	select a reconciling item select a reconciling item

		$ enter a dollar amount
	select a reconciling item select a reconciling item

		enter a dollar amount
	select a reconciling item select a reconciling item

		enter a dollar amount
					enter a subtotal of the three previous amounts
select a closing name for section two select a closing name for section two

					$ enter a total amount for the second section

eTextbook and Media

List of Accounts

Prepare the adjusting entries based on the reconciliation. (Note: The correction of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any errors relating to recording cash receipts should be made to Accounts Receivable.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Nov 30	enter an account title to record electronic funds transfer received by bank on November 30	enter a debit amount	enter a credit amount
	enter an account title to record electronic funds transfer received by bank on November 30	enter a debit amount	enter a credit amount
	(To record electronic funds transfer received by bank)
Nov 30	enter an account title to record charge for printing company checks on November 30	enter a debit amount	enter a credit amount
	enter an account title to record charge for printing company checks on november 30	enter a debit amount	enter a credit amount
	(To record charge for printing company checks)
Nov 30	enter an account title for the adjusting entry based on the reconciliation to correct error in recording check on November 30	enter a debit amount	enter a credit amount
	enter an account title for the adjusting entry based on the reconciliation to correct error in recording check on November 30	enter a debit amount	enter a credit amount
	(To correct error in recording check)
Nov 30	enter an account title for the adjusting entry based on the reconciliation to correct error in deposit on November 30	enter a debit amount	enter a credit amount
	enter an account title for the adjusting entry based on the reconciliation to correct error in deposit on November 30	enter a debit amount	enter a credit amount
	(To correct error in deposit)