View Policies Current Attempt in Progress 1. 2. 3. On July 31, 2017, Cullumber Company had a cash balance per books of $6,305.00. The statement from Dakota State Bank on that date showed a balance of $7,855.80. A comparison of the bank statement with the Cash account revealed the following facts. The bank service charge for July was $16.00. The bank collected $1,685.00 for Cullumber Company through electronic funds transfer. The July 31 receipts of $1,367.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. Company check No. 2480 issued to L. Taylor, a creditor, for $394.00 that cleared the bank in July was incorrectly entered in the cash payments record on July 10 for $349.00. Checks outstanding on July 31 totaled $2,034.10. On July 31, the bank statement showed an NSF charge of $740.00 for a check received by the company from W. Krueger, a customer, on account. 4. 5. 6. Prepare the bank reconciliation as of July 31. (List Items that increase balance as per bonk & books first.) CULLUMBER COMPANY Bank Reconciliation $ ( S