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 2011 bank statement included the following information. Balance July 1, 2011 Deposits Checks processed Service charges NSF checks Monthly loan payment deducted directly by bank from account $ 55,678 179,500 (192,610) (30) (1,200) 3,320 (Includes $ 320 in interest) The company's general ledger account had a balance of $38,918 at the end of July. Deposit outstanding totaled $ 6,300 and all checks written by the company were processed by the bank except for those totaling $8,420. In addition, a $2,000 July deposit from a credit customer was recorded as a $ 200 debit to cash and credit to account receivable, and check correctly recorded by the company as a $30 disbursement was correctly processed by the bank as a $300 disbursement. Required: 1. Prepare the 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