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The following information pertains to Crane Corporation. 1. Balance per bank, July 31, $9,243. 2. July bank service charge not yet recorded by Crane, $25.

The following information pertains to Crane Corporation. 1. Balance per bank, July 31, $9,243. 2. July bank service charge not yet recorded by Crane, $25. 3. Balance per books, July 31, $9,651. 4. Deposits in transit, July 31, $2,643. 5. Electronic collection on account (EFT) from a customer, $1,697 not yet recorded by Crane. 6. Outstanding cheques, July 31, $963. 7. Returned cheque from the deposit of a collection on account, $360, due to nonsufficient funds. Related bank service charge. $40. The charges will be added to the customer's account. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) CRANE CORPORATION Bank Reconciliation Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) CRANE CORPORATION Bank Reconciliation I List of Accounts Prepare any journal entries required from the bank reconciliation at July 31 of Crane Corporation. (Credit account titles are automatically indented when the 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.) Prepare any journal entries required from the bank reconciliation at July 31 of Crane Corporation. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation July 31 Debit Credit 31 (To record electronic collection) 31 (To record bank service charge) (To record NSF cheque and charges)

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