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The following information pertains to Crane Company. 1. Cash balance per books, August 31, $7,374. 2. Cash balance per bank, August 31, $7,338. 3.

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The following information pertains to Crane Company. 1. Cash balance per books, August 31, $7,374. 2. Cash balance per bank, August 31, $7,338. 3. 4. Outstanding checks, August 31, $700. August bank service charge not recorded by the depositor $52. 5. Deposits in transit, August 31, $3,310. In addition, $2,626 collected for Crane Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Crane Company.

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