Exercise 7-11 (Part Level Submission) The following information pertains to Sunland Company. 1. Cash balance per bank, July 31, $10,266. 2. July bank service charge not recorded by the depositor $59. 3. Cash balance per books, July 31, $10,384. 4. Deposits in transit, July 31, $4,189. 5 $2,360 collected for Sunland Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Sunland Company. & Outstanding checks, July 31, $1,770. (a) Your answer is correct. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) SUNLAND COMPANY Bank Reconciliation Cash b Add a nk statement ess in transit r T ous checks Adjusted cash balance per bank Cash Balance per books Dectronic tunes restereceved T here Adjusted cash balance per books ) Attempts of used (b) Journalize the adjusting entries at July 31 on the books of Sunland Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) July 31 (To record electronic funds transfer received by bank 3: (To record bank service charge) SHOW INTO ACCOUNT (b) Journalize the adjusting entries at July 31 on the books of Sunland Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 (To record bank service charge) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Attempts: 0 of 3 used