Exercise 7-11 (Part Level Submission) The following information pertains to Crane Video 1. Cash balance per bank, July 31, $7,263. 2. July bank service charge not recorded by the depositor $28 3. Cash balance per books, July 31, $7,284 4. Deposits in transit, July 3, $1,300, S. Bank collected $700 note for Crane in July, plus interest $36, less fee $20. The collection has not been recorded by Crane, and no interest has been accrued 6. Outstanding checks, July 31, $591 Your answer is partially correct. Try again. Prepare a bank reconciliation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) CRANE VIDEO COMPANY Bank Reconciliation July 31 s6 1972 28 ank service charge 256 ollection of note receiva 7972 Adjusted cash balance per boo