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On July $31,2022,$ Ivanhoe Company had a cash balance per books of $$6,310\mathrm{.}00.$ The statement from Dakota State Bank on that date showed a balance of $$7,860\mathrm{.}80.$ A comparison of the bank statement with the Cash account revealed the following facts.

The bank service charge for July was $$18\mathrm{.}00.$

The bank collected $$1,690\mathrm{.}00$ for Ivanhoe Company through electronic funds transfer.

The July $31$ cash receipts of $$1,370\mathrm{.}30$ were not included in the bank statement 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 $$354\mathrm{.}00$ that cleared the bank in July was incorrectly recorded as a cash payment on July $10$ for $$345\mathrm{.}00.$

Checks outstanding on July $31$ totaled $$2,003\mathrm{.}10.$

On July $31,$ the bank statement showed an NSF charge of $$745\mathrm{.}00$ for a check received by the company from W$.$ Krueger, a customer, on account.

Prepare the bank reconciliation as of July $31.($List items that increase balance as per bank & books first. Round answers to $2$ decimal places, es$.52\mathrm{.}75.)$

Prepare the bank reconciliation as of July $31.($List items that increase balance as per bank & books first. Round answers to $2$ aecimai places, eg$.52\mathrm{.}75.)$

Prepare the necessary adjusting entries at July $31.($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date.

Account Titles and Explanation

Debit

Credit

July $31.$

$($To record electronic funds transfer received by bank$)$

$31.$

$$

$($To record electronic funds transfer received by bank$)$

$$

$$

$$

$$

$$

$$

$($To record NSF check$)$

$31.$

$$

$$

$$

$$

$$

$($To correct error in recording check$)$

$31.$

$$

$$

$$

$$

$$

$($To record bank service charge$)$

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