As the bookkeeper of Royal.com, you received the bank statement from Morris Bank indicating a balance of $9,185. The ending checkbook bal¬ ance was $8,215. Prepare the bank reconciliation for Royal.com as of July 31,200X, and prepare journal entries as needed based on the following:

a. Deposits in transit, $3,600.

b. Bank service charges, $29.

c. Checks outstanding: no. Ill, $590; no. 115, $1,255.

d. Morris Bank collected a note for Royal.com, $2,760, less a $6 collection fee.

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