On August 1, 2019, the accountant for Western Imports downloaded the company's July 31, 2019, bank statement from the bank's website. The balance shown on the bank statement was $28,760. The July 31, 2019, balance in the Cash account in the general ledger was $14,042. Jenny Irvine, the accountant for Western Imports, noted the following differences between the bank's records and the company's Cash account in the general ledger: a. An electronic funds transfer for $14,600 from Foncier Ricard, a customer located in France, was received by the bank on July 31. b. Check 1422 was correctly written and recorded for $1,200. The bank mistakenly paid the check for $1,280. c. The accounting records indicate that Check 1425 was issued for $60 to make a purchase of supplies. However, examination of the check online showed that the actual amount of the check was for $90. d. A deposit of $900 made after banking hours on July 31 did not appear on the July 31 bank statement. e. The following checks were outstanding: Check 1429 for $1,249, and Check 1430 for $141. f. An automatic debit of $262 on July 31 from CentralComm for telephone service appeared on the bank statement but had not been recorded in the company's accounting records. Required: 1. Prepare a bank reconciliation for the firm as of July 31. 2. Record general journal entries for the items on the bank reconiliation that must be journalized. Analyze: What effect on total expenses occurred as a result of the general journal entries recorded? Bank Rec General Journal Analyze Prepare a bank reconciliation for the firm as of July 31. WESTERN IMPORTS Bank Reconciliation Statement July 31, 2019 Balance on bank statement Additions: $ 28,760 0 $ 28,760 Deductions: 0 Total deductions Adjusted bank balance $ 28,760 Balance in books Additions: $ 0 Deductions: 0 Adjusted book balance $ 0 Panlar Canal Bank Rec General Journal Analyze What effect on total expenses occurred as a result of the general journal entries recorded? Total expenses will by