The following information pertains to Sheridan Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,369 3. Outstanding checks, August 31, $705. 4. August bank service charge not recorded by the depositor $57. 5. Deposits in transit, August 31, S2,560. In addition, $2,876 collected for Sheridan Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Sheridan Company. Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) SHERIDAN COMPANY Bank Reconciliation August 31, 2022 Cash balence per benk statement Add : Deposits in transit