Question 6 --13 View Policies Current Attempt in Progress The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $8,488. 2. July bank service charge not recorded by the depositor $63. 3. Cash balance per books, July 31, $8,524. 4. Deposits in transit, July 31, $3,860. 5. $3,176 collected for Crane Company in July by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 6. Outstanding checks, July 31, $711. Prepare a bank reconciliation at July 31, 2017.(List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation List of Accounts Prepare a tabular analysis for the adjustments at July 31 on the books of Crane Company. Include margin explanations for the changes in revenues and expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Liabilities Stockholders' Equity Rev. Exp. e Textbook and Media List of Accounts