The following information pertains to Crane Company 1 2. 3 4 5. Cash balance per books, August 31, 97424 Cash balance per bank. August 31. $7,388. Outstanding checks, August 31, 5711, August bank service charge not recorded by the depositor $63. Deposits in transit August 31,$3,860 In addition, $3,176 collected for Crane Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Crane Company CRANE COMPANY Bank Reconciliation August 31, 2022 Cash balance per bank statement 7388 Add Deposits in transit 3860 11248 Less Outstanding checks 711 Adjusted cash balance per bank $ 10537 Cash balance per books 7424 Add Collection on electronic funds transfer 3176 10600 Less Bank service charge 63 i Adjusted cash balance per books 10537 Journalize the adjusting entries at August 31 on the books of Crane Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit August 1 Date 31 (To record electronic funds transfer received by bank) August 31 (To record bank service charge)