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The following information pertains to Crane Company. 1. 2. 3. Cash balance per books, August...

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Accounting

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The following information pertains to Crane Company. 1. 2. 3. Cash balance per books, August 31, $7,424. Cash balance per bank, August 31, $7,388. Outstanding checks, August 31, $711. August bank service charge not recorded by the depositor $63. Deposits in transit, August 31, $3,860. 4. 5. 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. (a) Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation V $ Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation $ Bank service charge Adjusted cash balance per bank Cash balance per bank statement Collection on electronic funds transfer Deposits in transit Outstanding checks $ $ $

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