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The cash records per books for November showed the following. The bank statement contained two bank memoranda: 1. A credit of $2,372.00 for the collection
The cash records per books for November showed the following. The bank statement contained two bank memoranda: 1. A credit of $2,372.00 for the collection from a customer for Sheridan Company of an electronic funds transfer. 2. A debit for the printing of additional company checks $91.10 At November 30 , the cash balance per books was $11,429,40 and the cash balance per bank statement was $18,044.90. The bank did not make any errors, but Sheridan Company made two errors. 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 Recelvable) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, es. 5,275, 50.) Lest: Oututanding checks The adjusted cash balance per bank agreed with the cash bulance per books at October 31. The November bunk statement showed the followins checks and deposits. o) Bonk Reconciflint yin. a s. 5 o) s. 5
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