Question: Why is my answer wrong? This information relates to the Cash account in the ledger of Sheridan Company. Balance September 1-$20,410; Cash deposited $64,000 Balance

Why is my answer wrong?

Why is my answer wrong? This information relates to the Cash account

This information relates to the Cash account in the ledger of Sheridan Company. Balance September 1-$20,410; Cash deposited $64,000 Balance September 30-$21,610; Checks written-$62,800 The September bank statement shows a balance of $20,510 at September 30 and the following memoranda. Credits Debits $2,120 $850 Collection from customer of electronic funds transfer Interest earned on checking account NSF check: H. Kane Safety deposit box rent 50 65 At September 30, deposits in transit were $5,033 and outstanding checks totaled $2,678. Your answer is partially correct. Prepare the bank reconciliation at September 30, 2022. (List items that increase balance as per bank & books first.) SHERIDAN COMPANY Bank Reconciliation September 30, 2022 ash balance per bank statement 20,510 idd Deposits in transit 5033 25543 ess Outstanding checks -2,678 i djusted cash balance per bank $ 22865 Cash balance per books $ 21,610 idd Electronic funds transfer received $ 2,120 Interest earned 50 2170 23780 ess V NSF check -850 i Safety deposit box rent -65 i 1255 djusted cash balance per books 22525 e Textbook and Media List of Accounts

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