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The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $8488. 2. July bank service charge not recorded by the depositor
The following information pertains to Crane Company.1. Cash balance per bank, July 31, $8488. 2. July bank service charge not recorded by the depositor $63. 3. cash balance per books, July 31, $8524. 4. deposits in transit, July 31, $3860. 5. $3174 collected 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, $711. Prepare a tabular analysis for the adjustments at July 31 on the books of crane company. Include margin explanations for the changes in revenues and expenses Prepare a tabular analysis for the adjustments at July 31 on the books of Crane Company. Include margin explanations for the changes in revenues and expenses. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses. Prepare a tabular analysis for the adjustments at July 31 on the books of Crane Company. Include margin explanations for the changes in revenues and expenses. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses
1. Cash balance per bank, July 31, $8488.
2. July bank service charge not recorded by the depositor $63.
3. cash balance per books, July 31, $8524.
4. deposits in transit, July 31, $3860.
5. $3174 collected 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, $711.
Prepare a tabular analysis for the adjustments at July 31 on the books of crane company. Include margin explanations for the changes in revenues and expenses
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