The following information pertains to Wildhorse Company.

Cash balance per bank, July $31,$$$9,563$

July bank service charge not recorded by the depositor $$36.$

Cash balance per books, July $31,$$$9,584.$

Deposits in transit, July $31,$$$3,100,$

$$1,916$ collected from a customer for Wildhorse Company in July by the bank through electronic funds transfer. The collection has not been recorded by Wildhorse Company.

Outstanding checks, July $31,$$$1,199.$

$($a$)$

Your answer is correct.

Prepare a bank reconciliation at July $31,2027.($List items that increase balance as per bank & books first. Reconcile the bank balance first and then the book balance.$)$

Prepare a bank reconciliation at July $31,2027.($List items that increase balance as per bank & books first. Reconcile the bank balance first and then the book balance.$)$

$($b$)$

Journalize the adjusting entries at July $31$ on the books of Wildhorse Company. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

$\backslash$table$[[$Date Account Titles and Explanation,Debit,$],[$July $31,,],[,,]]$

$($To record the collection of accounts receivable.$)$

July $31$

$($To record the bank service charge.$)$