The following information pertains to Crane Company. 1. Cash balance per books, July 31, $8,788. 2. $2,213 collected from a customer for Crane Company in Joy by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 3. Cash balance per bank, July 31, $8,752. 4. 5. 9 July bank service charge not recorded by the depositor $55 Outstanding checks,uly 31, $1,506. 6. Deposits in transit, July 31, $3,700. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation July 31, 2022 Cash balance per bank statement Add Deposits in transit SA 8788 3700 12488 Less Outstanding checks 1506 i Adjusted cash balance per ank Cash balance per books 10982. 8752 Add Electronic funds transfer received 2285 11037 Less : Outstanding checks Adjusted cash balance per bank Cash balance per books Add Electronic funds transfer received tA 1506 10982 8752 2285 11037 Less : Bank service charge 55 Adjusted cash balance per I books $ 10982