The following information pertains to Family Video Company.1. Cash balance per bank July 31 $9950.31.2. July bank service charge not recorded by the depositor $38.36.3. Cash balance per books July 31 $9979.08.4. Deposits in transit July 31 $2055.00.5. Bank collected $1233.00 note for Family in July plus interest $49.32 less fee $27.40. The collection has not been recorded by Family and no interest has been accrued.6. Outstanding checks July 31 $809.67.Required:Prepare a bank reconciliation at July 31.Journalize the adjusting entries at July 31 on the books of Family Video Company.