The following information pertains to Oriole Company. 1. Cash balance per bank, July 31, $8,088.
2. July bank service charge not recorded by the depositor $55.
3. Cash balance per books, July 31, $8,124.
4. Deposits in transit, July 31, $3,460.
5. $2,776 collected for Oriole Company in July by the bank through electronic funds transfer. The collection has not been recorded by Oriole Company.
6. Outstanding checks, July 31, $703.
Prepare a bank reconciliation at July 31, 2017. (List items that increase balance as per bank & books first.)