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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
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
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