7) On September 31,2023 , Simpson Corp. had a cash balance per books of $39,118. The statement from Springfield Bank on that date showed a balance of $32,999. A comparison of the bank statement with the cash account revealed the following facts: - The bank service charge for July was $105. - The bank collected an Electronic Funds Transfer (EFT) from a customer, Flanders Co., for $5,150. - Company check No. 7273 issued to Milhouse Inc., a creditor, for $1,030 cleared the bank in July but was incorrectly recorded by the company for $922. - Checks outstanding on July 31 totaled $3,724. - Deposits in transit on July 31 totaled $14,000. - On July 31 , the bank statement showed an NSF charge of $780 for a check received by the company from a customer, Maggie LLP, which had been a payment on account. a. Prepare the bank reconciliation below: Cash Balance Per Books Cash Balance Per Bank Adjusted Balance: Adjusted Balance: b. Prepare the necessary journal entries that Roads Company needs to record