Exercise 8-11 a-b (Video) The following information pertains to Waterway Video Company. 1. Cash balance per bank, July 31, $8,243. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,264. 4. Deposits in transit, July 31, $1,990. 5. Bank collected $1,390 note for Waterway in July, plus interest $44, less fee $28. The collection has not been recorded by Waterway, and no interest has been accrued. 6. Outstanding checks, July 31, $599. Prepare a bank reconciliation at July 31. (List items that increase cash balance first.) WATERWAY VIDEO COMPANY Bank Reconciliation V Journalize the adjusting entries at July 31 on the books of Waterway Video Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit July 31 (To record the collection of the note.) July 31 (To record the bank service charge.) Click if you would like to Show Work for this question: Open Show Work