Problem 7-5A (Part Level Submission) On July 31, Crane Ltd. had a cash balance of $13,046 in its general ledger. The bank statement from the Caisse Populaire on that date showed a balance of $21,792. A comparison of the bank statement with the Cash account revea 1. The bank statement included service charges and credit card fees of $114. 2. The bank statement included electronic collections from customers on account totalling $5,188. Crane had not recorded the EFT. 3. A deposit of $3,124 made by another company was incorrectly added to Crane's account by the Caisse Populaire. 4. Salaries of $4,186 were paid electronically during the month. The company has already recorded these. 5. Cheques outstanding on June 30 totalled $2,723. Of these, $2,175 worth cleared the bank in July. All cheques written in July cleared the bank in July. (a Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) CRANE LTD. Bank Reconciliation July 31