QUESTION 5 12 p INSTRUCTIONS: Prepare a bank reconciliation AND the related adjusting entries. Cash Cow Company (CCC) maintains a checking account at Blue Bell Bank, Cash Cow's general ledger account had a balance of $38,918 at the end of July. The July 31 bank balance was $38,018. The July bank statement included the following information: Service charges $ 30 Bank draft for internet services 150 NSF Checks 1,050 Monthly loan payment deducted directly by the bank from CCC's account (includes $320 of interest) 3,320 Additional reconciling information: Deposits outstanding totaled 6,300 Checks written by the company but not yet processed by the bank totaled 8,420 CCC recorded a $2,000 July deposit from a credit customer as a $200 debit to cash and credit to accounts receivable. A check correctly recorded by CCC as a $30 disbursement was incorrectly processed by the bank as a $300 disbursement. INSTRUCTIONS: Prepare a bank reconciliation AND the related adjusting entries