On August 1, 20X1, the accountant for Westem imports downloaded the compary's July 31, 20X1, bank statement from the bank's website. The balance shown on the bank statement was $28,840. The July 31,201, balance in the Cosh account in the general ledger was $13,424. Jenny Irvine, the accountant for Western Imports, noted the foliowing differences between the bank's records and the company's Cosh account in the general ledger: a. An electronic funds transfer for $15,200 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 \$1,270. c. The accounting records indicate that Check 1425 was issued for $69 to make a purchase of supplies. Howevet, examination of the check online showed that the actual amount of the check was for $99. d. A deposit of $820 made after banking hours on July 31 did not appear on the Juty 31 bank statement: e. The following checks were outstanding: Check 1429 for $1,257 and Check 1430 for $149 f. An automatic debit of $270 on July 31 from CentraiComm for telephone service appearect on the bank slatement but ad not been recorded in the company's accounting records. Required: 1. Prepare a bank reconcillation for the firm as of July 31 . 2. Record generaljoumal entiles for the items on the bank reconcillation that must be journalized. Analyze: What was the effect on total expenses as a result of the general journal entries recorded