The following information pertains to Crane Video Company:

1. Cash balance per bank, July 31, $7,263.

2. July bank service charge not recorded by the depositor $28.

3. Cash balance per books, July 31, $7,284.

4. Deposits in transit, July 31, $1,300.

5. Bank collected $700 note for Crane in July, plus interest $36, less fee $20. The collection has not been recorded by Crane, and no interest has been accrued.

6. Outstanding checks, July 31, $591.

A. Prepare a bank reconciliation at July 31.

B. Journalize the adjusting entries at July 31 on the books of Crane Video Company.

Crane Video Company Bank Reconciliation July 31 12 12 13 13 14 14 15 Account Titles Debit Date Credit 11 1 July 31 6 31 6 10