Exercise 7-8 (Part Level Submission) The following information is for Blossom Ltd. in July: 1. Cash balance per bank, July 31, $10,630. 2. Cash balance per books, July 31, $8,948. 3. Bank service charge, $30. 4. Deposits in transit, $2,058. 5. Electronic receipts from customers in payment of their accounts, $1,072, not previously recorded by the company 6. Outstanding cheques, $2,428. 7. Cheque #373 was correctly written in the amount of $690 but was incorrectly recorded by the company's bookkeeper as $960. The cheque was written for the purchase of office supplies. (a) Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) BLOSSOM LTD. Bank Reconciliation July 31