Exercise 7.34 (Algo) Bank reconciliation and adjusting entries [Appendix 7A] Harnson Company maintaints a checking account at the First National City Bank. The bank provides a bank stateinent along whth canceled ctiecks on the last day of each month The July 2021 bank statement included the following ofgocumation The company's general Jedger account had a balance of $40.278 at the end of July Deposits ounstanding totaled $7 1oo and a. checks written by the company were processed by the bank except for those totaling 58.500 In ackition. a $2.800 July deposk from a cindit customer was recorded as a $280 debit to cash and creda to accounts receivabie and a check comecly recorded by the company at a $70 dabursement was incorrectly processed by the bank as a 5700 distursement. Required: 1. Piepare a bank ceconcliation for the month of July. 2. Piepare the necessary joumal entries at the end of July to adjust the general ledger cash account: Complete this quection by entering your answers in the tabs below. Frepare a tuank reconciliation for the month of duly. Frepare a bank reconcezation for the month of July: Prepare the necessary joumal entries at the end of July to adjost the general ledger cash accourre at ag anty is iecuired for a transactionvevent, select "No jourmal entry renquind in the first account fiedd.) Journal entry worksheet 2 Record transaction to correct error in recoeding cash receipt trom credit customec Aacei Larter dobals before oridits