1. 2. 3. 4. 5. 6. 7. (a) - Balance per bank, July 31, $8,508. July bank service charge not yet recorded by Sunland, $25. Balance per books, July 31, $8,886. Deposits in transit, July 31, $2,528. Electronic collection on account (EFT) from a customer, $1,687 not yet recorded by Sunland. Outstanding cheques, July 31, $888. Returned cheque from the deposit of a collection on account, $360, due to non-sufficient funds. Related ban $40. The charges will be added to the customer's account. Your answer is partially correct. Prepare a bank reconciliation at July 31, 2025. (List items that increase balance as per bank & books first.)

1. Balance per bank, July 31,$8,508. 2. July bank service charge not yet recorded by Sunland, $25. 3. Balance per books, July 31,$8,886. 4. Deposits in transit, July 31,$2,528. 5. Electronic collection on account (EFT) from a customer, $1,687 not yet recorded by Sunland. 6. Outstanding cheques, July 31,$888. 7. Returned cheque from the deposit of a collection on account, $360, due to non-sufficient funds. Related b $40. The charges will be added to the customer's account. (a) Prepare a bank reconciliation at July 31, 2025. (List items that increase balance as per bank \& books first)