The following information pertains to Cullumber Company. 1. Cash balance per bank, July 31, $9,396. 2. July bank service charge not recorded by the depositor $54. 3. Cash balance per books, July 31, $9,504. 4. Deposits in transit, July 31, $3,834. 5. $2,160 collected for Cullumber Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Cullumber Company. 6. Outstanding checks, July 31, $1,620. CULLUMBER COMPANY Bank Reconciliation $ ta 8 Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 (To record bank service charge)