The following information pertains to Wildhorse Company.

1.

Cash balance per books, August 31, $7,374.2.

Cash balance per bank, August 31, $7,338.3.

Outstanding checks, August 31, $698.4.

August bank service charge not recorded by the depositor $50.5.

Deposits in transit, August 31, $3,210.

In addition, $2,526 collected for Wildhorse Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Wildhorse Company.

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

Debit Credit

Ju31 ?

?

(To record electronic funds transfer received by bank)

Jul 31 ?

?

(To record bank service charge)

Options are: Cash, Cash over and short, Petty cash, Bank charge expense, Interest Reverence etc.....