he following information is available to reconcileWildWilly's Whitewash Co. book balance of cash with its bank statement cash balance as of July 31,2005: After all posting is complete on July 31, the company's Cash ccount has a $13,805 debit balance, but its bank statement shows a 14,350 balance b. Checks outstanding total $4,180. c. In comparing the canceled checks returned by the bank with the ntries in the accounting records, it is found that Check No. 2222 for uly phone bill was correctly written and drawn for $720 but was rroneously entered in the accounting records as $270. The bank charged Wild Willy's $40 for a safe-deposit box. Wild Willy's does not have a safe-deposit box e. A debit memorandum for $125 lists a S100 NSF check plus a $25 SF charge. The check had been received from the Public Trust bank Wild Willy has not yet recorded this check as NSF. f. Enclosed with the statement is a $20 debit memorandum for bank ervices. It has not yet been recorded because no previous notification ad been received The July 31 daily cash receipts of $3,000 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Required 1. Prepare a bank reconciliation for this company as of July 31, 005 2. Prepare the journal entries necessary to bring the company's book balance of cash into conformity with the reconciled cash balance as of July 31, 2005