uestion 6 of 8 View Policies Current Attempt in Progress ^ M II On July 31, 2022, Skysong Company had a cash balance per books of $6,325. The statement from Dakota State Bank on that date showed a balance of $7,875.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $16. 2. The bank collected $1,705.00 for Skysong Company through electronic funds transfer. 3. 4. The July 31 receipts of $1,387.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. Company check No. 2480 issued to L. Taylor, a creditor, for $354 that cleared the bank in July was incorrectly entered in the cash payments record on July 10 for $345. 5. Checks outstanding on July 31 totaled $2,018.10. 6. On July 31, the bank statement showed an NSF charge of $760.00 for a check received by the company from W. Krueger, a customer, on account. (a) Prepare the bank reconciliation as of July 31. (List items that increase balance as per bank & books first.)