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The following information pertains to Sheridan Video Company. 1. Cash balance per bank, July 31,...

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Accounting

The following information pertains to Sheridan Video Company.

1. Cash balance per bank, July 31, $7,943.

2. July bank service charge not recorded by the depositor $37.

3. Cash balance per books, July 31, $7,964.

4. Deposits in transit, July 31, $1,840.

5. Bank collected $1,240 note for Sheridan in July, plus interest $45, less fee $29. The collection has not been recorded by Sheridan, and no interest has been accrued.

6. Outstanding checks, July 31, $600.

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