The following information pertains to Pharoah Company. 1. Cash balance per books, August 31, $7,374. 2. Cash balance per bank, August 31, $7,338. 3. Outstanding checks, August 31, $704. 4. August bank service charge not recorded by the depositor $56. 5. Deposits in transit, August 31, $3,510. In addition, $2,826 collected for Pharoah Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Pharoah Company. Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) PHAROAH COMPANY Bank Reconciliation Journalize the adjusting entries at August 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 August 31 (To record electronic funds transfer received by bank) August 31 (To record bank service charge)