er 7 problems Question 3 of 5 - /20 View Policies Current Attempt in Progress The following information pertains to Sunland Company. 1. 2. 3. Cash balance per books, August 31, $7,374. Cash balance per bank, August 31, $7,338. Outstanding checks, August 31, $706. August bank service charge not recorded by the depositor $58. Deposits in transit, August 31, $3,610. 4. 5. In addition, $2,926 collected for Sunland Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Sunland Company. (a) Prepare a bank reconciliation at August 31, 2022. (List Items that increase balance as per bank & books first.) SUNLAND COMPANY Bank Reconciliation SUNLAND COMPANY Bank Reconciliation Cash balance per bank statement $ Collection on electronic funds transfer Cash balance per bank statement Deposits in transit Adjusted cash balance per bank Outstanding checks $ Bank service charge $ Add : Bank service charge Deposits in transit Collection on electronic funds transfer $