R ULLEDE LL LLLL LL LLP *E7.24B (LO 6) (Bank Reconciliation and Adjusting Entries. Wang Company deposits all receipts and makes all payments by check. The following information is available from the cash records June 30 Bank Reconciliation Balance per bank $14,000 Add: Deposits in transit 3,080 Deduct Outstanding checks (4,000) Balance per books $13.080 Month of July Results Per Bank $17.300 10,000 8,000 Per Books $18 500 11,620 6,200 Balance July 31 July deposits July checks July note collected (not included in July deposits July bank service charge July NSF check from a customer, returned by the bank (recorded by bank as a charge) Instructions (a) Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance. (b) Prepare the general journal entry or entries to correct the Cash account