The following information pertains to Vaughn Video Company.

1.		Cash balance per bank, July 31, $7,983.
2.		July bank service charge not recorded by the depositor $36.
3.		Cash balance per books, July 31, $8,004.
4.		Deposits in transit, July 31, $1,860.
5.		Bank collected $1,260 note for Vaughn in July, plus interest $44, less fee $28. The collection has not been recorded by Vaughn, and no interest has been accrued.
6.		Outstanding checks, July 31, $599.

Prepare a bank reconciliation at July 31. (List items that increase cash balance first.)

VAUGHN VIDEO COMPANY Bank Reconciliation For the Month Ended July 31For the Year Ended July 31July 31
Collection of note receivableOutstanding checksDeposits in transitCash balance per bank statementAdjusted cash balance per bankBank service charge			$
LessAdd :	Outstanding checksCollection of note receivableBank service chargeCash balance per bank statementAdjusted cash balance per bankDeposits in transit
LessAdd :	Bank service chargeDeposits in transitCash balance per bank statementOutstanding checksAdjusted cash balance per bankCollection of note receivable
Outstanding checksBank service chargeDeposits in transitAdjusted cash balance per bankCollection of note receivableCash balance per bank statement			$
Deposits in transitOutstanding checksCollection of note receivableAdjusted cash balance per booksBank service chargeCash balance per books			$
LessAdd :	Bank service chargeCollection of note receivableCash balance per booksAdjusted cash balance per booksOutstanding checksDeposits in transit
AddLess :	Bank service chargeAdjusted cash balance per booksDeposits in transitOutstanding checksCash balance per booksCollection of note receivable
Collection of note receivableCash balance per booksBank service chargeAdjusted cash balance per booksOutstanding checksDeposits in transit			$

SHOW LIST OF ACCOUNTS

Journalize the adjusting entries at July 31 on the books of Vaughn Video Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
July 31
	(To record the collection of the note.)
July 31
	(To record the bank service charge.)