The following information pertains to Crane Video Company:1. Cash balance per bank, July 31, $7,263.2. July bank service charge not recorded by the depositor $28.3. Cash balance per books, July 31, $7,284.4. Deposits in transit, July 31, $1,300.5. Bank collected $700 note for Crane in July, plus interest $36, less fee $20. The collection has not been recorded by Crane, and no interest has been accrued.6. Outstanding checks, July 31, $591.A. Prepare a bank reconciliation at July 31.B. Journalize the adjusting entries at July 31 on the books of Crane Video Company.
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The following information pertains to Crane Video Company:1. Cash balance per bank, July 31, $7,263....
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