A company general ledger shows a checking account balance of $22.790 on July 31. Year 1 The July cash receipts of S1705, included in the general ledger balance, are placed in the night depository at the bank on July 31 and processed by the bank on August 1 The bank statement dated July 31 shows bank service fees of $37. The bank processes all checks written by the company by July 31 and lists them on the bank statement, except for one check totaling $1.280. The bank statement shows a balance of $2232B on July 31 Required: Prepare a bank reconciliation to calculate the correct ending balance of cash on July 31. Yeart (Amounts to be deducted should be Indicated with a minus sign.) Bank's Cash Balance Per Bank Statement Depost Outstanding Check Oubanding Trendi 2 Year Company's Cash Balance 3 22,320 Per General Ledger 5 1.705 Service Fees 22.700 37 1200 Bank Balance per Reconciliation 3 22.750 Company Balance per Reconciliation 5 22753 2. Record the necessary entryles) to adjust the balance for cash (if no entry la required for a transaction/event, select "No Journal Entry Required in the first account field.) View transactions View journal entry worksheet Date No 1 Geoma Debut Credit July 31 37 Service Fee Expense Cash 27