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1. The following information pertains to Kirsten Cook's Restaurant. Cash balance per bank, July 31,...

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Accounting

1. The following information pertains to Kirsten Cook's Restaurant. Cash balance per bank, July 31, $7,263. July bank service charge not recorded by the depositor $28. Cash balance per books, July 31, $7,284. Deposits in transit, July 31, $1,300. 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. 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 Kirsten Cook's Restaurant

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