E4-3B. Preparing a bank reconciliation (Learning Objective 1) 20-25 mm. Information from Grey's Photography Inc. Cash account as well as the July bank statement are presented next. Cheque 210 was written for $500 to pay salaries expense. Requirements 1. Prepare the bank reconciliation on July 31. 2. Prepare all necessary journal entries for Grey's Photography Inc. to update the Cash account as a result of the bank reconciliation