When I posted this previously someone said there needs to be

When I posted this previously someone said there needs to be more information but this is everything from the problem thats given.

Question 1 The bank portion of the bank reconciliation for Sheridan Company at October 31, 2017, is shown below SHERIDAN COMPANY Bank Reconciliation October 31, 2017 Cash balance per bank Add: Deposits in transit $12,527.90 1,530.20 14,058.10 Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Adjusted cash balance per bank Check Amount $ 1,260.40 684.20 844.50 432.90 1,050.00 4,272 $9,786.10

Solution

Solution: SHERIDAN COMPANY Bank Reconciliation November 30, 2017 Cash balance per bank statement 18016.40 Add : Deposits in transit 1464.00 19480.40 Less: Outstanding checks 2488 800.00 2487 398.00 2485 974.80 2484 823.40 2482 612.00 2478 538.20 2451 1260.40 2472 432.90 5839.70 Adjusted cash balance per bank 13640.70 Cash balance per books 11395.80 Add: Collection of note receivable 2372.00 13767.80 Less: Error in deposit 9.00 Error in recording check 27.00 Check printing charge 91.10 127.10 Adjusted cash balance per books 13640.70 Working Notes: Error in recording check No. 2479 = 1,730 actual in bank - 1,703 recorded in cash book = 27 Error in 11-21 deposit = 2954 in cash book of (11-20) - 2,945 in bank book of (11-21) = 9 SHERIDAN COMPANY Bank Reconciliation November 30, 2017 a Cash balance per bank statement 18016.40 given b Add : Deposits in transit 1464.00 see cash receipts journal dated 11-30 amount not reflected in bank statement deposits c=a+b 19480.40 Less: Outstanding checks checks that are not in bank statement see cash payment journal d 2488 800.00 11-30 e 2487 398.00 11-29 f 2485 974.80 11-23 g 2484 823.40 11-22 h 2482 612.00 11-18 i 2478 538.20 11-4 j 2451 1260.40 see bank reco. Of October 31st k 2472 432.90 see bank reco. Of October 31st L=d+e+f+g+h+i+j+k 5839.70 M=C- L Adjusted cash balance per bank 13640.70 n Cash balance per books 11395.80 given o Add: Collection of note receivable 2372.00 given p=n+o 13767.80 Less: q Error in deposit 9.00 see below r Error in recording check 27.00 see below s Check printing charge 91.10 given t=q+r+s 127.10 u=p-t Adjusted cash balance per books 13640.70 Error in recording check No. 2479 = 1,730 actual in bank - 1,703 recorded in cash book = 27 Error in 11-21 deposit = 2954 in cash book of (11-20) - 2,945 in bank book of (11-21) = 9 Please feel free to ask if anything about above solution in comment section of the question.