The bank reconciliation prepared by Winfield Construction on June 30, 2023, appeared as follows:

Winfield Construction
Bank Reconciliation
June 30, 2023
Bank statement balance	$	9,100	Book balance	$	9,700
Add:
Deposit of June 30 in transit		1,380
	$	10,480
Deduct:
Outstanding cheque #14		780
Adjusted bank balance	$	9,700	Adjusted book balance	$	9,700

The Cash account in the General Ledger appeared as follows on July 31:

Cash								Acct. No. 101
Date			Explanation	PR	Debit	Credit		Balance
2023
June	30		Balance					9,700
July	31			CR3	4,804			14,504
	31			CD6		2,985		11,519

A list of deposits made and cheques written during July, taken from the Cash Receipts Journal and Cash Disbursements Journal, is shown below:

Deposits Made
July	8		$	1,230
	11			1,590
	24			1,375
	31			609
Total July Cash Receipts			$	4,804

Cheques Written
No.	52	$	1,707
	53		918
	54		360
Total July Cash Disbursements		$	2,985

The following bank statement is available for July:

Bank Statement
To: Winfield Construction				July 31, 2023 Bank of Montreal
Cheques/Charges				Deposits/Credits		Balance
						9,100
NSF	07/02	443		07/02	1,380	10,037
#52	07/08	1,707		07/08	1,230	9,560
#96	07/11	403		07/11	1,590	10,747
				07/24	1,375	12,122
#54	07/31	360		07/31		11,762
NSF = Not Sufficient Funds		SC = Service Charge		PMT = Principal Payment		INT = Interest

In reviewing cheques returned by the bank, the bookkeeper noted that cheque #96 written by Winburn Construction in the amount of $403 was charged against Winfields account in error by the bank. The NSF cheque was regarding a customer account, Jim Anderson. Required: 1. Prepare a bank reconciliation at July 31.

2. Prepare the necessary journal entry to bring the General Ledger Cash account into agreement with the adjusted balance on the bank reconciliation.