The following information is for Donald's Logistics Company: Cash balance per bank, July 31, $7,140. July bank service charge not recorded by the depositor, $44. Cash balance per books, July 31, $7,380. Deposits in transit, July 31, $1,310. Bank collected $600 note for Donald's in July, plus interest $35, less fee $21. The collection has not been recorded by Donald's, and no interest has been accrued. Outstanding cheques, July 31, $500. Q1. Prepare a bank reconciliation at July 31. Q2. Journalize the entries required by the reconciliation at July 31 on the books of donalds logistics company.