The bank statement for Sheridan Company indicates a balance of $1,080 on July 31. The cash balance per books had a balance of $440 on this date. The following information pertains to the bank transactions for the company. 1. 2. Deposit of $740, representing cash receipts of July 31, did not appear on the bank statement. Outstanding checks totaled $590. Bank service charges for July amounted to $33. The bank collected a note receivable for the company for $1,200 plus $53 interest revenue. An NSF check for $430 from a customer was returned with the statement. 4. 5. Prepare a bank reconciliation for July 31. SHERIDAN COMPANY Bank Reconciliation