The following information pertains to Ivanhoe Company.

1.Cash balance per bank, July 31, $8,038.2.July bank service charge not recorded by the depositor $54.3.Cash balance per books, July 31, $8,074.4.Deposits in transit, July 31, $3,410.5.$2,726 collected for Ivanhoe Company in July by the bank through electronic funds transfer. The collection has not been recorded by Ivanhoe Company.6.Outstanding checks, July 31, $702.

prepare bank reconciliation at July 31, 2017.(List items that increase balance as per bank & books first.)

\fDate Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 (To record bank service charge)