The following information is for Wildhorse Ltd. in July: 1. 2. 3. 4. Cash balance per bank, July 31, $10,880. Cash balance per books, July 31, $8,940. Bank service charge, $30. Deposits in transit, $2,043. Electronic receipts from customers in payment of their accounts, $1,120, not previously recorded by the company. Outstanding cheques, $2,443. Cheque #373 was correctly written in the amount of $490 but was incorrectly recorded by the company's bookkeep $940. The cheque was written to buy office supplies. 5. 6. 7. (a) Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) WILDHORSE LTD. Bank Reconciliation July 31 $