Exercise 8-11 (Part Level Submission)

The following information pertains to Crane Video Company.

1.		Cash balance per bank, July 31, $7,763.
2.		July bank service charge not recorded by the depositor $37.
3.		Cash balance per books, July 31, $7,784.
4.		Deposits in transit, July 31, $1,750.
5.		Bank collected $1,150 note for Crane in July, plus interest $45, less fee $29. The collection has not been recorded by Crane, and no interest has been accrued.
6.		Outstanding checks, July 31, $600.

Part B Journalize the adjusting entries at July 31 on the books of Crane Video Company.

Weygandt, Accounting Principles, 12e ACCOUNTING PRINCIPLES(ACC 1111301240) MESAGE NY INEST RUCTOR Exercise 8-11 (Part Level Submission) The tolowing Intormat on partalns to Crane vidce Company. 2- July bank service charge nat recordd by the depasitor s37. . Deposits in transit, Juy 31, $1,750 6. Outstanding chacks, luly 31, s60 lournal thie adjustin entries at 115. 31 cn th" books of Cran" vico fam any. erasly. C redit accont lities are automaticall inderred when neient is "nrered. De, roar indent uly 31 Tu recurd the sollecbun of te e luly 11 erce charoe) Attempts: o or 3 used HlKIAlrx