No. Account Titles and Explanation 1. (To record NSF check.) (To record bank service charge.) Debit Credit 11 10

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter6: Cash And Internal Control
Section: Chapter Questions
Problem 6.4E
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Sheridan Sells is unable to reconcile the bank balance at January 31, Sheridan's reconciliation is shown here.
Cash balance per bank
Add: NSF check
Less: Bank service charge
Adjusted balance per bank
Cash balance per books
Less: Deposits in transit
Add: Outstanding checks
Adjusted balance per books
$3,800.20
570.00
30.00
$4,340.20
$4,115.20
650.00
935.00
$4,400.20
Transcribed Image Text:Sheridan Sells is unable to reconcile the bank balance at January 31, Sheridan's reconciliation is shown here. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $3,800.20 570.00 30.00 $4,340.20 $4,115.20 650.00 935.00 $4,400.20
when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and
enter o for the amounts. Round answers to 2 decimal places, e.g. 52.75.)
No. Account Titles and Explanation
1.
2
(To record NSF check.)
(To record bank service charge.)
Debit
Credit
Transcribed Image Text:when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to 2 decimal places, e.g. 52.75.) No. Account Titles and Explanation 1. 2 (To record NSF check.) (To record bank service charge.) Debit Credit
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