Exercise 7-11 (Part Level Submission) The following information pertains to Crane Company 1. Cash balance per bank, July 31, 89,222. 2. Ny bank service charge not recorded by the depositor $53. 3. Cash balance per books, July 31, 59,328 Deposits in transit, July 31, $3,763. 5. $2,120 collected for Crane Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Crane Company 6. Outstanding checks, July 31, $1,500. CRANE COMPANY Bank Reconciliation