Exercise 7-11 (Part Level Submission) The following information pertains to Sandhill Video SA. 1. Cash balance per bank, July 31, R$ 7,599. 2. July bank service charge not recorded by the depositor R$35 3. Cash balance per books, July 31, R$7,733. 4. Deposits in transit, July 31, R$ 1,653. 5. Bank collected R$853 note for Teresina in July, plus interest R$12, less fee R$32. The collection has not been recorded by Teresina, and no interest has been accrued. 6. Outstanding checks, July 31, R$691. (a) Prepare a bank reconciliation at July 31. (Reconcile the bank balance first and then the book balance. List items that increase balances first.) SANDHILL VIDEO SA Bank Reconciliation July 31 Cash balance per books R$ Add v Collection of note receivable Less Bank service charge RS Cash balance per bank statement RS