3. Carter Inc. has the following information for July:

Cash T-Account Balance, July 31 $8,069

Cash as per Bank Statement, July 31; $6,522

Deposits in Transit $3000

Service Charges $27

Outstanding Checks $550

Interest Earned on Account $30

EFT Accounts Receivable Collection from Customers $900

a.) Prepare a bank reconciliation dated July 31.

b.) Prepare any journal entries necessary to make the accounting records correct and complete.

c.) What amount of cash should be reported on the July 31 Balance Sheet?