The following information pertains to Sheffield Video Company 1. 2. 3 4. Cash balance per bank, July 31, $8,043. July bank service charge not recorded by the depositor $33. Cash balance per books, July 31, $8,064 Deposits in transit, July 31, $1,890. Bank collected $1.290 note for Sheffield in July, plus interest $41, less fee $25. The collection has not been recorded by Sheffield, and no interest has been accrued. Outstanding checks, July 31. $596. 5. 6. July 31 Cash balance per bank statement $ 8043 Add Deposits in transit 1890 9933 Less Outstanding checks 596 i Adjusted cash balance per bank $ 9337 Cash balance per books $ 8064 Less : Bank service charge 33 8031 Add : Collection of note receivable 41 Adjusted cash balance per books 8072 No. Account Titles and Explanation Debit Credit July 31 (To record the collection of the note.) July 31 (To record the bank service charge.)