The following information is for Wildhorse Video Company:

1.		Cash balance per bank, July 31, $7,130.
2.		July bank service charge not recorded by the depositor, $38.
3.		Cash balance per books, July 31, $7,150.
4.		Deposits in transit, July 31, $1,130.
5.		Bank collected $610 note for Wildhorse in July, plus interest $40, less fee $32. The collection has not been recorded by Wildhorse, and no interest has been accrued.
6.		Outstanding cheques, July 31, $530.

Prepare a bank reconciliation at July 31. (List items that increase balance as per bank & books first.)

WILDHORSE VIDEO COMPANY Bank Reconciliation July 31
select an opening name for section one Cash balance per bank statementOutstanding chequesAdjusted cash balance per bankBank service chargeDeposits in transitCollection of note receivable					$enter a dollar amount
select between addition and deduction LessAdd: select a reconciling item Outstanding chequesBank service chargeCash balance per bank statementDeposits in transitCollection of note receivableAdjusted cash balance per bankCollection of interest revenue					enter a dollar amount
					enter a subtotal of the two previous amounts
select between addition and deduction LessAdd: select a reconciling item Adjusted cash balance per bankCollection of note receivableBank service chargeDeposits in transitOutstanding chequesCollection of interest revenueCash balance per bank statement					enter a dollar amount
select a closing name for section one Collection of note receivableCash balance per bank statementDeposits in transitOutstanding chequesBank service chargeAdjusted cash balance per bank					$enter a total amount for section one
select an opening name for section two Outstanding chequesCollection of note receivableBank service chargeAdjusted cash balance per booksDeposits in transitCash balance per books					$enter a dollar amount
select between addition and deduction AddLess:
select a reconciling item Collection of interest revenueDeposits in transitCollection of note receivableBank service chargeCash balance per booksAdjusted cash balance per booksOutstanding cheques			$enter a dollar amount
select a reconciling item Collection of note receivableOutstanding chequesCash balance per booksBank service chargeDeposits in transitAdjusted cash balance per booksCollection of interest revenue			enter a dollar amount
					enter a subtotal of the two previous amounts
					enter a total amount for the first part
select between addition and deduction LessAdd: select a reconciling item Collection of interest revenueAdjusted cash balance per booksOutstanding chequesBank service chargeCash balance per booksDeposits in transitCollection of note receivable					enter a dollar amount
select a closing name for section two Bank service chargeDeposits in transitCollection of note receivableAdjusted cash balance per booksCash balance per booksOutstanding cheques					$enter a total amount for section one

Journalize the adjusting entries at July 31 on the books of Wildhorse Video Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.	Account Titles and Explanation	Debit	Credit
July 31	enter an account title to record the bank service charge	enter a debit amount	enter a credit amount
	enter an account title to record the bank service charge	enter a debit amount	enter a credit amount
	(To record the bank service charge)
July 31	enter an account title to record the collection of the note	enter a debit amount	enter a credit amount
	enter an account title to record the collection of the note	enter a debit amount	enter a credit amount
	enter an account title to record the collection of the note	enter a debit amount	enter a credit amount
	(To record the collection of the note)