Exercise 8-11 The following information pertains to Crane Video Company 1. Cash balance per bank, July 31, $7,943 2. July bank service charge not recorded by the depositor $37 3. Cash balance per books, July 31, $7,964 4. Deposits in transit, July 31, $1,840 5. Bank collected $1,240 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