The following information is for Sandhill Ltd. in July: 1. 2. 3. 4. 5. 6. 7. Cash balance per bank, July 31, $10,650. Cash balance per books, July 31, $8,787. Bank service charge, $30. Deposits in transit, $1,935. Electronic receipts from customers in payment of their accounts, $1,433, not previously recorded by the company. Outstanding cheques, $2,305. Cheque #373 was correctly written in the amount of $890 but was incorrectly recorded by the company's bookkeeper as $980. The cheque was written to buy office supplies. (a) Your answer is correct. Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) SANDHILL LTD. Bank Reconciliation July 31 Cash balance per bank statement $ 10650 Add : Deposits in transit 1935 12585 Less : Outstanding cheques -2305 i Reconciled cash balance per bank $ 10280 Cash balance per books $ 8787 Add EFT deposits 1433 Cheque No. 373 error 90 10310 Less : Bank service charges -30 i Reconciled cash balance per books $ 10280 Prepare any journal entries required from the reconciliation. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation July 31 Cash 450 Supplies 450 (To correct error in cheque 373) 31 (To record EFT deposits) 31 (To record bank service charge)