The following information pertains to Pharoah Company.

1.Cash balance per bank, July 31, $8,138.2.July bank service charge not recorded by the depositor $56.3.Cash balance per books, July 31, $8,174.4.Deposits in transit, July 31, $3,510.5.$2,826 collected for Pharoah Company in July by the bank through electronic funds transfer. The collection has not been recorded by Pharoah Company.6.Outstanding checks, July 31, $704.

Prepare a bank reconciliation at July 31, 2017. (List items that increase balance as per bank & books first.) PHAROAH COMPANY Bank Reconciliation V $