Crane Company maintains a checking account at Imura Bank. At July 31, selected data from the ledger balance and the bank statement are shown below. -14 Cash in Bank Per Books Per Bank Balance, July 1 $18,040 $16,240 July receipts 81,840 July credits 83,910 ET July disbursements 77,590 July debits 75.196 Balance, July 31 $22,290 $24,954 Analysis of the bank data reveals that the credits consist of $78,991 of July deposits and a credit memorandum of $4,919 for the collection of a $4,840 note plus interest revenue of $79. The July debits per bank consist of checks cleared $75,131 and a debit memorandum of $65 for printing additional company checks. You also discover the following errors involving July checks. (1) A check for $230 to a creditor on account that cleared the bank in July was journalized and posted as $320. (2) A salary check to an employee for $255 was recorded by the bank for $155. UR memorandum of $65 for printing additional company checks. -14 You also discover the following errors involving July checks. (1) A check for $230 to a creditor on account that cleared the bank in Ju was journalized and posted as $320. (2) A salary check to an employee for $255 was recorded by the bank for $155. The June 30 bank reconciliation contained only two reconciling items: deposits in transit $8,440 and outstanding checks of $6,640. Prepare a bank reconciliation at July 31, 2022. (List items that increase cash balance first.) CRANE COMPANY Bank Reconciliation $ $ > o -14 HA > C . -14 $ v > e Textbook and Media List of Accounts -/4E Journalize the necessary entries to be made by Crane Company. Assume that interest on the note has not been previously recorded. (Credit account titles are automatically indented when amount is entered. Do not indent mantally.) No. Account Titles and Explanation Debit July 31 Credit (To record collection of note receivable by bank) July 31 (To correct error in recording check) July 31 -14 (To record collection of note receivable by bank) July 31 (To correct error in recording check) July 31 I (To record check printing charge) e Textbook and Media