The following information pertains to Sheridan Company. 1. Cash balance per bank, July 31, $7,638. 2. July bank service charge not recorded by the depositor $46. 3. Cash balance per books, July 31, $7,674. 4. Deposits in transit, July 31, $3,010. 5. $2,326 collected for Sheridan Company in July by the bank through electronic funds transfer. The collection has not been recorded by Sheridan Company. 6. Outstanding checks, July 31, $694. Prepare a bank reconciliation at July 31, 2017. (List items that increase balance as per bank & books first.) SHERIDAN COMPANY Bank Reconciliation