On December 31, 2020, the accountant for Euro Specialty Products downloaded the December bank statement from the bank's website. The balance shown on the bank statement was $29,734. The December balance in the Cash account in the general ledger was $16,630. The accountant noted the following differences between the bank's records and the company's Cash account in the general ledger. a. The following checks were outstanding: Check 4129 for $1,322, and Check 4130 for $239 b. A deposit of $1,224 made after banking hours on December 31 did not appear on the bank statement. c. An automatic debit of $323 on December 30 from ClearComm for telephone service appeared on the bank statement but had not been recorded in the company's records. d. An electronic bank transfer for $12,800 from a customer in Italy, was received by the bank on December 30 but had not been recorded in the company's records. e. Check 4122 was correctly written and recorded for $1,200. The bank mistakenly paid the check for $1,000. 1. The accounting records indicate that Check 4125 was issued for $980 to make a purchase of equipment. However, examination of the check online showed that the actual amount of the check was for $890. Instructions 1. Prepare a bank reconciliation for the firm as of December 31. 2. Record general journal entries for the items on the bank reconciliation that must be journalized