Question: Exercise 8-11 a-b (Part Level Submission) (Video) The following information pertains to Swifty Video Company 1. Cash balance per bank, July 31, $8,003. 2. July

 Exercise 8-11 a-b (Part Level Submission) (Video) The following information pertains
to Swifty Video Company 1. Cash balance per bank, July 31, $8,003.

Exercise 8-11 a-b (Part Level Submission) (Video) The following information pertains to Swifty Video Company 1. Cash balance per bank, July 31, $8,003. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,024. 4. Deposits in transit, July 31, $1,870. 5. Bank collected $1,270 note for Swifty in July, plus interest $44. less fee $28. The collection has not been recorded by Swifty, and no interest has been accrued. 6. Outstanding checks, July 31. $599. (a) v (b) Joumalize the adjusting entries at July 31 on the books of Swifty Video Company. (Credit account titles are automatically indented when amount is enten No. Account Titles and Explanation Debit Credit July 31 Cash Bank Charge Expense Interest Revenue Notes Receivable (To record the collection of the note.) July 31 Bank Charge Expense Cash (To record the bank service charge.) Click if you would like to Show Work for this question: Open Show Work

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