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The following information pertains to Sandhill Company. 1. Cash balance per bank, July 31, $8,526. 2. July bank service charge not recorded by the depositor
The following information pertains to Sandhill Company. 1. Cash balance per bank, July 31, $8,526. 2. July bank service charge not recorded by the depositor $49. 3. Cash balance per books, July 31, $8,624. 4. Deposits in transit, July 31, $3,479. 5. $1,960 collected for Sandhill Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Sandhill Company. 6. Outstanding checks, July 31, $1,470. (a) Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) SANDHILL COMPANY Bank Reconciliation SANDHILL COMPANY Bank Reconciliation For the Month Ended July 31, 2022 +A $ tA tA
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