Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT SOURCES Exercise 7-11 The following information pertains to Blossom Company 1. 2. 3. 4. Cash balance per bank, July 31, $10,962. July bank service charge not recorded by the depositor $63 Cash balance per books, July 31, $11,088. Deposits in transit, July 31, $4,473. $2,520 collected for Blossom Company in July by the bank through electronic funds transfer The accounts receivable collection has not been recorded by Blossom Company. Outstanding checks, July 31, $1,890. Study 5. 6. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) BLOSSOM COMPANY Bank Reconciliation SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Journalize the adjusting entries at July 31 on the books of Blossom Company. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) Date Debit Credit Account Titles and Explanation SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Journalize the adjusting entries at July 31 on the books of Blossom Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 (To record bank service charge) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. SUBMIT ANSWER Question Attempts: 0 of 3 used SAVE FOR LATER % Earn Maximum Points available only if you answer this question correctly in three attempts or less