Royal.com received a bank statement from Morris Bank indicating a bank balance of $7,100. Based on Royal.corn’s check stubs, the ending check¬ book balance was $5,700. Your task is to prepare a bank reconciliation for Royal.com as of July 31, 200X, from the following information (journalize entries as needed):

a. Checks outstanding: no. 122, $800; no. 130, $1,000.

b. Deposits in transit $1,110.

c. Bank service charges $93.

d. Morris Bank collected a note for Royal.com, $810, less a $7 collec¬ tion fee.

LO.1