Exercise 7-34 (Algo) Bank reconciliation and adjusting entries (Appendix 7A] Harrison Company maintains 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 2021 bank statement included the following information: Balance, July 1, 2021 Deposits Checks processed Service charges NSF checks Monthly payment on note, deducted directly by bank from account (includes $970 in interest) Balance, July 31, 2021 $ 57,053 180,600 (193,710) (30) (1,750) (3,870) $ 38,293 The company's general ledger account had a balance of $40,293 at the end of July. Deposits outstanding totaled $7,400 and all checks written by the company were processed by the bank except for those totaling $8,530. In addition, a $3,100 July deposit from a credit customer was recorded as a $310 debit to cash and credit to accounts receivable, and a check correctly recorded by the company as a $30 disbursement was incorrectly processed by the bank as a $300 disbursement. Required: 1. Prepare a bank reconciliation for the month of July. 2. Prepare the necessary journal entries at the end of July to adjust the general ledger cash account. Required 1 Required 2 Prepare the necessary journal entries at the end of July to adjust the general ledger cash account. (If no entry is required fo a transaction/event, select "No journal entry required" in the first account field.) No Event General Journal Debit Credit 1 1 Cash 2,790 Accounts receivable 2,790 2 2 Miscellaneous expense 30 Accounts receivable 1,750 810 X Interest expense Notes payable 3,600 X Cash 5,650