Exercise 7-8 (Part Level Submission) The following information pertains to Ivanhoe Company. 1. 2. 3. 4 Cash balance per bank, July 31, $8,038. Suly bank service charge not recorded by the depositor $54. Cash balance per books, July 31, $8,074 Deposits in transit, July 31, $3,410 2 .726 collected for Ivanhoe Company in July by the bank through electronic funds transfer. The collection has not been recorded by Ivanhoe Company Outstanding checks, July 31, $702 5 6. P e r econciliation et ly 31, 2017. (List items that increase balance as per bank & books first.) IVANHOE COMPANY Bank Reconciliation SHOWIIST ACCOUNTS