The following information pertains to Sheridan Video Company.
Cash balance per bank, July $
July bank service charge not recorded by the depositor $
The bank erroneously charged another company's $ check against Sheridan' account.
Cash balance per books, July $
The bank charged Sheridan account $ for a customer's NSF check.
Deposits in transit, July $
Sheridan recorded a cash receipt from a customer for rent revenue as $ The bank correctly recorded it at $
Bank collected $ from a customer's note receivable for Sheridan in July through electronic funds transfer. The collection has not been recorded by Sheridan.
Outstanding checks, July $
a
Prepare a bank reconciliation for July List items that increase balance as per bank & books first.
SHERIDAN VIDEO COMPANY Bank Reconciliation
