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The following information pertains to Pharoah Company. 1. Cash balance per bank, July 31, $9,918. 2. July bank service charge not recorded by the depositor

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The following information pertains to Pharoah Company. 1. Cash balance per bank, July 31, $9,918. 2. July bank service charge not recorded by the depositor $57. 3. Cash balance per books, July 31, $10,032. 4. Deposits in transit, July 31, $4,047. 5. $2,280 collected for Pharoah Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Pharoah Company. 6. Outstanding checks, July 31, $1,710. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) PHAROAH COMPANY Bank Reconciliation e Textbook and Media List of Accounts Journalize the adjusting entries at July 31 on the books of Pharoah Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To record electronic funds transfer received by bank) July 31 (To record bank service charge) e Textbook and Media List of Accounts Save for Later

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