The bank portion of the bank reconciliation for Sandhill Co.at October 31, 2022, is shown below. SANDHILL CO. Bank Reconciliation October 31, 2022 Cash balance per bank Add: Deposits in transit $12,557.90 1.530.20 14,088.10 Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Adjusted cash balance per bank Check Amount $ 1.260.40 684.20 844.50 427.80 1,050.00 4,266.90 $9.821.20 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. Date 11-1 11-2 11-5 11-4 11-8 11-10 11-15 11.18 11-27 11-28 Checks Number 2470 2471 2474 2475 2476 2477 2479 2480 2481 SC Bank Statement Deposits Amount Date Amount $ 684.20 11-1 $1,530.20 844.50 11-4 1,211.60 1,050.00 11-8 990.10 1.640.70 11-13 2.575.00 2,830,00 11-18 1.472.70 600.00 11.19 EFT 2,387.00 1.730.00 11-21 2.945,00 1,330.00 11-25 2.567.30 695.40 11-28 1,650.00 86.70 11-30 1.186.00 575.50 Total 18,514.90 11-30 2483 Date 11-1 11-2 11-5 11-4 11-8 11-10 11-15 11-18 11-27 11-28 11-30 11-29 Checks Number 2470 2471 2474 2475 2476 2477 2479 2480 2481 SC Bank Statement Deposits Amount Date Amount $684.20 11-1 $1,530.20 844.50 11-4 1,211.60 1,050.00 11-8 990.10 1,640.70 11-13 2.575.00 2.830.00 11-18 1.472.70 600.00 11-19 EFT 2,387.00 1.730.00 11-21 2.945.00 1,330.00 11-25 2,567.30 695.40 11-28 1.650.00 86.70 11-30 1.186.00 575.50 Total 18,514.90 940.00 $13,007.00 2483 2486 Total The cash records per books for November showed the following Date Amount 11-1 11-2 11-2 11-4 11-8 11-10 Number 2475 2476 2477 2478 2479 2480 Cash Payments Journal Amount Date Number $1.640.70 11-20 2483 2,830.00 11-22 2484 600.00 11-23 2485 538.20 11-24 2486 1.703.00 11-29 2487 1.330.00 11-30 2488 $575.50 827.80 974.80 940.00 Cash Receipts Journal Date Amount 11-3 $1,211.60 11-7 990.10 11-12 2.575.00 11-17 1.472.70 11-20 2.954.00 11-24 2,567.30 11-27 1.650.00 11-29 1,186.00 11-30 1,494.00 398.00 800.00 $14,465.40 11-15 2481 Total 695.40 612.00 11-18 2482 Total 16.100.70 The bank statement contained two bank memoranda: 1. A credit of $2,387.00 for the collection from a customer for Sandhill Co. of an electronic funds transfer A debit for the printing of additional company checks $86.70 2 At November 30, the cash balance per books was $11,506.20 and the cash balance per bank statement was $18,115.50. The bank did not make any errors, but Sandhill Co made two errors. (a) Using the steps in the reconciliation procedure, prepare a bank reconciliation at November 30, 2022. (List items that increase balance as per bank and books first. Round answers to 2 decimal places, eg,5,275,50) SANDHILCO Question 1 of 1 -/10 Bank Reconciliation $ $ $ Tunuh
