The following information is for Sheridan Company: 1. 2. 3. 4. 5. Cash balance per bank, July 31, $6,332. July bank service charge not recorded by the depositor, $28. The bank erroneously charged another company's $600 cheque against Sheridan's account. Cash balance per books, July 31, $7,554. The bank charged Sheridan's account $300 for a customer's NSF cheque. Deposits in transit, July 31, $1,890. Sheridan recorded a cash receipt for a cash sale from a customer as $32. The bank correctly recorded it as $23. The bank collected a $1,080 note for Sheridan in July, plus interest of $31, less a fee of $17. The collection has not been recorded by Sheridan and no interest has been accrued. Outstanding cheques, July 31, $511. 6. 7. 8. 9. Prepare a bank reconciliation for July 31. (List items that increase balance as per bank & books first.) SHERIDAN COMPANY Bank Reconciliation July 31 $ $ $