S Kimmel, Financial Accounting, se ele Stem Announcements Problem 7-3A On July 31, 2017, Cullumber Company had a cash balance per books of $6,305.00. The statement from Dakota State Bank on that date showed a balance of $7.855.80. A CO the Cash account revealed the following facts. 1. The bank service charge for July was $16.00 2. The bank collected $1.595.00 for Cullumber Company through electronic funds transfer 3. The Jully aire 1.367.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. 4. Company check No. 2480 Issuto L. Taylor, a creditor, for $394.00 that deared the bank in July was incorrectly entered in the cash payments Journal on July 10 for $349.00 5. Checks outstanding on July 31 totaled $2,034.10. 6. On July 31, the bank statement showed an NSF charge of $740.00 for a check received by the company from W. Krueger, a customer, on account. Prepare the bank reconciliation as of July 31. (List items that increase balance as per bank & books first.) CULLUMBER COMPANY Bank Reconciliation July 31, 2017 Cash balance per bank statement 7855.8 Add Deposits in transit 1367.3 9223.1 Less , Outstanding checks 2034.1 7189 Adjusted cash balance per bank Cash balance per books Add Electronic funds transfer received Bank service charge VIDEO SIMILAR PROBLEM Prepare the necessary adjusting entries at July 31. m are automatically hanted when amount is entered. Do not inden Account Titles and Explanation Date July 31. Debit Credit (To record electronic funds transfer received by bank) 31. (To record NSF check) (To correct error in recording check) (To record bank service charge) SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR PROBLEM Question Atte