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The following information pertains to Crane Video Company. Cash balance per bank, July 31, $7, 463. July bank service charge not recorded by the depositor

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The following information pertains to Crane Video Company. Cash balance per bank, July 31, $7, 463. July bank service charge not recorded by the depositor $33. Cash balance per books, July 31, $7, 484. Deposits in transit, July 31, $1, 600. Bank collected $1,000 note for Crane in July, plus interest $41, less fee $25. The collection has not been recorded by Crane, and no interest has been accrued. Outstanding checks, July 31, $596. (a) Prepare a bank reconciliation at July 31 (List items that increase cash balance first.)

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