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The following information pertains to Pharoah Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3.

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The following information pertains to Pharoah Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding checks, August 31, $693. 4. August bank service charge not recorded by the depositor $45. 5. Deposits in transit, August 31, $2,960. In addition, $2,276 was collected for Pharoah Company in August by the bank through electronic funds transfer. The collection has not been recorded by Pharoah Company.

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