Exercise 7-30 Bank reconciliation and adjusting entries [Appendix 7A) Harrison Company maintalns a checking account at the First National City Bank. The bank provides a bank statement along with canceled checks on the last day of each month. The July 2018 bank statement Included the following Information: $ 56,678 Balance, July 1, 2018 Deposits Checks processed Service charges 180,3ee (193,418) (70) (1,6ee) NSF checks Monthly loan payment deducted directly by bank from account (includes $620 in interest) (3,720) $ 38,178 Balance, July 31, 2818 The company's general ledger account had a balance of $40,278 at the end of July. Deposits outstanding totaled $7100 and all checks written by the company were processed by the bank except for those totaling $8,500. In addition, a $2.800 July deposit from a credit customer was recorded as a $280 debit to cash and credit to accounts receivable, and a check correctly recorded by the company as a $7o disbursement was Incorrectly processed by the bank as a $700 disbursement. Required: 1. Prepare a bank reconcilation for the month of July. 2. Prepare the necessary journal entries at the end of July to adjust the general ledger cash account. Journal entry worksheet