The bank statement for Crane Company indicates a balance of $850 on July 31. The cash balance per books had a balance of $360 on this date. The following information pertains to the bank transactions for the company. 1. Deposit of $850, representing cash receipts of July 31, did not appear on the bank statement. 2. Outstanding checks totaled $360. 3. Bank service charges for July amounted to $36. 4. The bank collected a note receivable for the company for $1,300 plus $56 interest revenue. 5. An NSF check for $340 from a customer was returned with the statement. Prepare a bank reconciliation for July 31. CRANE COMPANY Bank Reconciliation Prepare any adjusting entries necessary as a result of the bank reconciliation. (Credit account titles are automatically indented when the amount is ent Date Account Titles and Explanation Debit Credit July. 31 (To record collection of note receivable and interest by the bank) (To record NSF check) 31