The following information pertains to Vaughn Video Company. 1. Cash balance per bank, July 31, $ 7,503. 2. July bank service charge not recorded by the depositor $ 38. 3. Cash balance per books, July 31, $ 7,524. 4. Deposits in transit, July 31, $ 1,620. 5. Bank collected $ 1,020 note for Vaughn in July, plus interest $ 46, less fee $ 30. The collection has not been recorded by Vaughn, and no interest has been accrued. 6. Outstanding checks, July 31, $ 601.