The following information pertains to Crane Company. 1. Cash balance per bank, July 31,$11,136. 2. July bank service charge not recorded by the depositor $64. 3. Cash balance per books, July 31,$11,264. 4. Deposits in transit, July 31,$4,544. 5. $2,560 collected from a customer for Crane Company in July by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 6. Outstanding checks, July 31,$1,920. Your answer is correct. Prepare a bank reconciliation at July 31, 2025. (List items that increase balance as per bank \& books first. Journalize the adjusting entries at July 31 on the books of Crane Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)