The following information pertains to Crane Company. 1. Cash balance per books, August 31, $7,424. Cash balance per bank, August 31, $7,388. Outstanding checks, August 31, $711. August bank service charge not recorded by the depositor $63. Deposits in transit, August 31, $3,860. 2 3. 4. 5. In addition, $3,176 was collected for Crane Company in August by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. (a) Prepare a bank reconciliation at August 31, 2025. (List items that increase balance as per bank & books first.)

The following information pertains to Crane Company. 1. Cash balance per books, August 31,$7,424. 2 Cash balance per bank, August 31,\$7,388. 3. Outstanding checks, August 31,$711. 4. August bank service charge not recorded by the depositor $63. 5. Deposits in transit, August 31,$3,860. In addition, $3,176 was collected for Crane Company in August by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. CRANE COMPANY Bank Reconciliation $ $ $