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The following information is for Crane Ltd. in July: 1. Cash balance per bank, July 31, $10,690. 2. Cash balance per books, July 31. $9,044.

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The following information is for Crane Ltd. in July: 1. Cash balance per bank, July 31, $10,690. 2. Cash balance per books, July 31. $9,044. 3. Bank service charge, $40. 4. Deposits in transit, $2,009. 5. Electronic receipts from customers in payment of their accounts, $1,096, not previously recorded by the company. 6. Outstanding cheques, $2,419. 7. Cheque #373 was correctly written in the amount of $790 but was incorrectly recorded by the company's bookkeeper as $970. The cheque was written for the purchase of office supplies. Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) CRANE LTD. Bank Reconciliation CRANE LTD. Bank Reconciliation July 31 $ .. $ List of Accounts Prepare any journal entries required from the reconciliation. (Note: The correction of any errors pertaining to recording cheques should be made to Supplies account.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 31 (To correct error in cheque 373) 31 (To record EFT deposits) 31 (To record bank service charge)

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