The following information pertains to Coronado Video Company. 1. Cash balance per bank, July 31, $8,163. 2. July bank service charge not recorded by the depositor $34. 3. Cash balance per books, July 31, $8,184. 4. Deposits in transit, July 31, $1,950. 5. Bank collected $1,350 note for Coronado in July, plus interest $42, less fee $26. The collection has not been recorded by Coronado, and no interest has been accrued. 6. Outstanding checks, July 31, $597. (a) Your answer is correct. Prepare a bank reconciliation at July 31. (List items that increase cash balance first.) CORONADO VIDEO COMPANY Bank Reconciliation choose the accounting period July 31 Correct answer select an opening name for section one Cash balance per bank statement Correct answer $enter a dollar amount 8,163 Correct answer select between addition and deduction Add Correct answer: select a reconciling item Deposits in transit Correct answer enter a dollar amount 1,950 Correct answer enter a subtotal of the two previous amounts 10,113 Correct answer select between addition and deduction Less Correct answer: select a reconciling item Outstanding checks Correct answer enter a dollar amount 597 Correct answer select a closing name for section one Adjusted cash balance per bank