1.		Cash balance per bank, July 31, $8,003.
2.		July bank service charge not recorded by the depositor $36.
3.		Cash balance per books, July 31, $8,024.
4.		Deposits in transit, July 31, $1,870.
5.		Bank collected $1,270 note for Swifty in July, plus interest $44, less fee $28. The collection has not been recorded by Swifty, and no interest has been accrued.
6.		Outstanding checks, July 31, $599.

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Prepare a bank reconciliation at July 31. (List items that increase cash balance first.)

SWIFTY VIDEO COMPANY Bank Reconciliation July 31For the Month Ended July 31For the Year Ended July 31
Bank service chargeCollection of note receivableCash balance per bank statementOutstanding checksAdjusted cash balance per bankDeposits in transit			$
AddLess :	Deposits in transitCash balance per bank statementCollection of note receivableBank service chargeAdjusted cash balance per bankOutstanding checks
LessAdd :	Collection of note receivableCash balance per bank statementAdjusted cash balance per bankBank service chargeOutstanding checksDeposits in transit
Collection of note receivableDeposits in transitOutstanding checksBank service chargeCash balance per bank statementAdjusted cash balance per bank			$
Cash balance per booksDeposits in transitOutstanding checksBank service chargeAdjusted cash balance per booksCollection of note receivable			$
AddLess :	Deposits in transitOutstanding checksCollection of note receivableCash balance per booksBank service chargeAdjusted cash balance per books
LessAdd :	Bank service chargeOutstanding checksCollection of note receivableAdjusted cash balance per booksDeposits in transitCash balance per books
Collection of note receivableBank service chargeOutstanding checksCash balance per booksAdjusted cash balance per booksDeposits in transit			$

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Journalize the adjusting entries at July 31 on the books of Swifty Video Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
July 31
	(To record the collection of the note.)
July 31
	(To record the bank service charge.)