Return to Blackboard Kimmel, Financial Accounting, 9e Help System Announcements CALCULATOR PRINTER VERSION Exercise 7-08 The following information pertains to Ranchero Company. 1. 2. 3. 4. 5. Cash balance per books, August 31, $7,364. Cash balance per bank, August 31, $7,328. Outstanding checks, August 31, $686. August bank service charge not recorded by the depositor $38. Deposits in transit, August 31, $2,700. In addition, $2,016 collected for Ranchero Company in August by the bank through transfer. The accounts receivable collection has not been recorded Ranchero Compa Prepare a bank reconciliation at August 31, 2022. (List items that increase bala, & books first.) RANCHERO COMPANY Bank Reconciliation earch o H HI