Exercise 7-11 The following information pertains to Crane Video Company 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 31, $1,300 5. 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 reconcililation at July 31. (List items that increase cash balance first. Reconcile cash balance per bank first.) CRANE VIDEO COMPANY Cash 7263 Add 700 Deposits in tr All 8 6 9