Exercise 7-11 a-b (Part Level Submission) (Video) The following information pertains to Metlock, Inc.. 1. Cash balance per bank, July 31, $7,843. 2. July bank service charge not recorded by the depositor $37. 3. Cash balance per books, July 31, 57,864 4. Deposits in transit, July 31, $1,790 5. The bank collected $1,206 in July for Metlock through electronic funds transfer. The collection has not been recorded by Metlock. 6. Outstanding checks, July 31, $600. (b) Journalize the adjusting entries at July 31 on the books of Metlock, Inc. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation July 31 (To record the collection of accounts receivable) July 31 (To record the bank service charge.)