Exercise 7-11 a-b (Video) The following information pertains to Kingbird, Inc.. 1. Cash balance per bank, July 31, $8,083. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,104. 4. Deposits in transit, July 31, $1,910. 5. The bank collected $1,326 in July for Kingbird through electronic funds transfer. The collection has not been recorded by Kingbird. 6. Outstanding checks, July 31, $599. Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) Kingbird, Inc. Bank Reconciliation : $ . . Journalize the adjusting entries at July 31 on the books of Kingbird, Inc.. (Credit account titles are automati Date Account Titles and Explanation Debit Credit July 31 (To record the collection of accounts receivable.) July 31 (To record the bank service charge.)