The following information pertains to Miner Video Company.1.Cash balance per bank, July 31, $8,237.2.July bank service charge not recorded by the depositor $38.3.Cash balance per books, July 31, $8,258.4.Deposits in transit, July 31, $1,987.5.Bank collected $1,387 note for Miner in July, plus interest $46, less fee $30. The collection has not been recorded by Miner, and no interest has been accrued.6.Outstanding checks, July 31, $601.(a)Prepare a bank reconciliation at July 31.(Reconcile the bank balance first and then the book balance.)MINER VIDEO COMPANYBank ReconciliationJuly 31 Outstanding checksCollection of note receivableCash balance per bank statementAdjusted cash balance per bankBank service chargeCash balance per booksAdjusted cash balance per booksDeposits in transit$Add: Outstanding checksAdjusted cash balance per bankCash balance per booksAdjusted cash balance per booksDeposits in transitCollection of note receivableCash balance per bank statementBank service chargeLess: Cash balance per booksAdjusted cash balance per booksDeposits in transitOutstanding checksAdjusted cash balance per bankBank service chargeCollection of note receivableCash balance per bank statement Adjusted cash balance per bankCash balance per booksCollection of note receivableDeposits in transitBank service chargeAdjusted cash balance per booksOutstanding checksCash balance per bank statement$ Bank service chargeCollection of note receivableCash balance per bank statementAdjusted cash balance per bankCash balance per booksAdjusted cash balance per booksDeposits in transitOutstanding checks$Add: Adjusted cash balance per booksDeposits in transitCollection of note receivableOutstanding checksBank service chargeCash balance per bank statementAdjusted cash balance per bankCash balance per booksLess: Bank service chargeCollection of note receivableOutstanding checksAdjusted cash balance per booksCash balance per bank statementAdjusted cash balance per bankCash balance per booksDeposits in transit Cash balance per booksAdjusted cash balance per bankDeposits in transitCash balance per bank statementAdjusted cash balance per booksCollection of note receivableOutstanding checksBank service charge$(b)Journalize the adjusting entries at July 31 on the books of Miner Video Company.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)No.Account Titles and ExplanationDebitCredit1.(To record the collection of the note.)2.(To record the bank service charge.)The following information pertains to Miner Video Company.(a)Prepare a bank reconciliation at July 31.(Reconcile the bank balance first and then the book balance.)(b)Journalize the adjusting entries at July 31 on the books of Miner Video Company.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)No.Account Titles and ExplanationDebitCredit1.(To record the collection of the note.)2.(To record the bank service charge.)