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 2024 bank statement included the following information: Balance, July 1, 2024 Deposits Checks processed Service charges NSF checks Monthly payment on note, deducted directly by bank from account (includes $220 in interest) Balance, July 31, 2024 $ 57,428 180,900 (194,010) (45) (1,900) (4,020) $ 38,353 The company's general ledger account had a balance of $40,803 at the end of July. Deposits outstanding totaled $7,700 and all checks written by the company were processed by the bank except for those totaling $8,560. In addition, a $3,400 July deposit from a credit customer was recorded as a $340 debit to cash and credit to accounts receivable, and a check correctly recorded by the company as a $45 disbursement was incorrectly processed by the bank as a $450 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. Use the miscellaneous expense account to record the bank service charges. U 35-37 SELE UPRA C 2220 D To CH U

Aarrison Company maintains a checking account at the First Notional City Bank. The bank provides a bank statement along with canceled checks on the last day of each month The fuly 2024 bank statement included the following information: The company's general ledger account had o balance of $40,803 at the end of July. Deposits outstanding totaled $7,700 and all checks written by the company were processed by the bank except for those totaling $8,560. In addition, a $3,400 July deposit from a credit customer was recorded as a $340 debit to cash and credit to accounts recelvable, and o check correctly recorded by the company as o $45 disbursement was incorrectly processed by the bank as a $450 disbursement. Required: 1. Prepare a bank reconciliation for the month of July. 2. Prepare the necessary journal entries ot the end of July to odjust the general ledger cash occount. Use the miscellaneous expense account to record the bank service charges