. Perform a bank reconciliation. a) Reconcile Jack Steel's month end cash balance as of 31 Jul 2019 b) Based on your analysis, propose adjusting entries (if any). Transactions and balances: 31 Jul 2019 Bank Statement balance $ 58,791 31 Jul 2019 balance per Jack's records $ 57,371 Jack received a payment that he has not deposited $ 250 Jack issued a cheque payable to Pandora's Jewels to pay for a belated Mother's Day gift to his grandmother that has not been presented to the bank $ 1,612 Bank charges for the month of July were $40 Interest on bank balance credited to Jack's account $ 98