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The following information pertains to Wildhorse Company. 1. Cash balance per bank, July 31, $8,874. 2. July bank service charge not recorded by the depositor $51. 3. Cash balance per books, July 31, $8,976. 4. Deposits in transit, July 31, $3,621. 5. $2,040 collected for Wildhorse Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Wildhorse Company. 6. Outstanding checks, July 31, $1,530.

(a) Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank & books first.) WILDHORSE COMPANY Bank Reconciliation Choose the accounting period For the Year Ended July 31, 2022July 31, 2022For the Month Ended July 31, 2022 Select an opening section 1 name Outstanding checksDeposits in transitCash balance per bank statementElectronic funds transfer receivedBank service chargeAdjusted cash balance per bank $Enter a dollar amount Select between addition and deduction AddLess : Select a reconciling item Adjusted cash balance per bankBank service chargeDeposits in transitOutstanding checksCash balance per bank statementElectronic funds transfer received Enter a dollar amount Enter a subtotal of the two previous amounts Select between addition and deduction LessAdd : Select a reconciling item Cash balance per bank statementOutstanding checksAdjusted cash balance per bankBank service chargeElectronic funds transfer receivedDeposits in transit Enter a dollar amount Select a closing section 1 name Bank service chargeOutstanding checksCash balance per bank statementAdjusted cash balance per bankElectronic funds transfer receivedDeposits in transit $Enter a total amount for section one Select an opening section 2 name Cash balance per booksAdjusted cash balance per booksOutstanding checksElectronic funds transfer receivedDeposits in transitBank service charge $Enter a dollar amount Select between addition and deduction AddLess : Select a reconciling item Cash balance per booksDeposits in transitOutstanding checksAdjusted cash balance per booksElectronic funds transfer receivedBank service charge Enter a dollar amount Enter a subtotal of the two previous amounts Select between addition and deduction AddLess : Select a reconciling item Adjusted cash balance per booksDeposits in transitOutstanding checksElectronic funds transfer receivedBank service chargeCash balance per books Enter a dollar amount Select a closing section 2 name Electronic funds transfer receivedDeposits in transitOutstanding checksAdjusted cash balance per booksBank service chargeCash balance per books $Enter a total amount for section two SHOW LIST OF ACCOUNTS

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