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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

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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 $270 in interest) Balance, July 31, 2021 $ 58,053 181,400 (194,510) (70 (2,150) (4,270) The company's general ledger account had a balance of $41653 at the end of July, Deposits outstanding totaled $8.200 and all checks wiitten by the company were processed by the bank except for those totaling $8,610. In addition, a $3,900 July deposit from a credit customer was recorded as a $390 debit to cash and credit to accounts receivable, and a check correctly recorded by the company as a $70 disbursement was incorrectly processed by the bank as a $700 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation for the month of July.

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