The bank portion of the bank reconciliation for Sheridan Company at November 30, 2022, was as follows.

Sheridan Company Bank Reconciliation November 30, 2022
Cash balance per bank				$14,607.90
Add: Deposits in transit				2,530.20
				17,138.10
Less: Outstanding checks
Check Number		Check Amount
3451		$ 2,260.40
3470		720.10
3471		844.50
3472		1,426.80
3474		1,053.70		6,305.50
Adjusted cash balance per bank				$10,832.60

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.

Bank Statement
Checks						Deposits
Date		Number		Amount		Date		Amount
12-1		3451		$2,260.40		12-1		$ 2,530.20
12-2		3471		844.50		12-4		1,211.60
12-7		3472		1,426.80		12-8		2,365.1
12-4		3475		1,640.70		12-16		2,672.70
12-8		3476		1,300.00		12-21		2,945.00
12-10		3477		2,130.00		12-26		2,567.30
12-15		3479		3,080.00		12-29		2,836.00
12-27		3480		600.00		12-30		1,025.00
12-30		3482		475.50		Total		$18,152.90
12-29		3483		1,140.00
12-31		3485		530.80
		Total		$15,428.70

The cash records per books for December showed the following.

Cash Payments Journal												Cash Receipts Journal
Date		Number		Amount		Date		Number		Amount		Date		Amount
12-1		3475		$1,640.70		12-20		3482		$475.50		12-3		$ 1,211.60
12-2		3476		1,300.00		12-22		3483		1,140.00		12-7		2,365.1
12-2		3477		2,130.00		12-23		3484		794.30		12-15		2,672.70
12-4		3478		621.30		12-24		3485		350.80		12-20		2,954.00
12-8		3479		3,080.00		12-30		3486		889.50		12-25		2,567.30
12-10		3480		600.00		Total				$13,829.50		12-28		2,836.00
12-17		3481		807.40								12-30		1,025.00
												12-31		1,690.40
												Total		$17,322.10

The bank statement contained two memoranda:

1.		A credit of $2,280 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 $89.

At December 31, the cash balance per books was $14,325.20, and the cash balance per the bank statement was $19,523.10. The bank did not make any errors, but Sheridan Company made two errors.

(a) Prepare a bank reconciliation at December 31, 2022.

(B) Prepare the adjusting entries based on the reconciliation.