Question: please help me with this question The following information relates to Crane Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $27,250.

The following information relates to Crane Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $27,250. During the month of July, Crane recorded cash receipts of $30.710 and cash payments of $15,820 in the general ledger Cash account. At July 31, Crane Limited had an reconciled cash balance of $42.140. An examination of the company's July bank statement shows a balance of $19,561 on July 31: outstanding cheques $3,931: deposits in transit $1,751; EFT collections on account that were not yet recorded on the books $2,188; NSF cheque $1.252;NSF fee $68; and bank service charges $108. Prepare the necessary journal entries required on July 31 for Crane. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit July 31 (To record EFT collections on account) Terrecord hack service charest CU TOT CE TOUTES Date Account Titles and Explanation Debit Credit July 31 (To record EFT collections on account) (To record bank service charges) (To record NSF cheque and fee)
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