This is the second time i'm asking this question How it was explained before wasn't what is the question had asked for Problem On August 1, 2019, the accountant for Western Imports downloaded the company's July 31, 2019, bank statement from the bank's Website The balance shown on the bank statement was $28,810 The July 31, 2019, balance in the Cash account in the general ledger was $13,687 Jenny Irvine, the accountant for Western Imports, noted the following differences between the bank's records and the company's Cash account in the general ledger An electronic funds transfer for $14,900 from Foncier Ricard, a customer located in France, was received by the bank on July 31 Check 1422 was correctly written and recorded for $1,200 The bank mistakenly paid the check for $1,230 The accounting records indicate that Check 1425 was issued for $69 to make a purchase of supplies However, examination of the check online showed that the actual amount of the check was for $99 A deposit of $850 made after banking hours on July 31 did not appear on the July 31 bank statement The following checks were outstanding Check 1429 for $1,254, and Check 1430 for $146 An automatic debit of $267 on July 31 from CentralComm for telephone service appeared on the bank statement but had not been recorded in the company's accounting records Required Compose a bank reconciliation for the firm as of July 31 Record general journal entries for the items on the bank reconciliation that must be journalized Analyze What effect on total expenses occurred as a result of the general journal entries recorded The bank reconciliation shows in the form like this Western Imports Bank Reconciliation Statement July 31, 2019 Balance on Bank statement Additions Deductions Total Deductions Adjusted Bank Balance Balance in books Additions Then when We must record the EFT received on the account Record the entry to correct for check 1422 Record the entry to correct check 1425 Record deposit in transit Record the outstanding checks Record online payment

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This is the second time i'm asking this question.......How it was explained before wasn't what is the question had asked for. Problem :On August 1,

This is the second time i'm asking this question.......How it was explained before wasn't what is the question had asked for.

Problem:On August 1, 2019, the accountant for Western Imports downloaded the company's July 31, 2019, bank statement from the bank's Website. The balance shown on the bank statement was $28,810. The July 31, 2019, balance in theCashaccount in the general ledger was $13,687.

Jenny Irvine, the accountant for Western Imports, noted the following differences between the bank's records and the company'sCash account in the general ledger:

An electronic funds transfer for $14,900 from Foncier Ricard, a customer located in France, was received by the bank on July 31.
Check 1422 was correctly written and recorded for $1,200. The bank mistakenly paid the check for $1,230.
The accounting records indicate that Check 1425 was issued for $69 to make a purchase of supplies. However, examination of the check online showed that the actual amount of the check was for $99.
A deposit of $850 made after banking hours on July 31 did not appear on the July 31 bank statement.
The following checks were outstanding: Check 1429 for $1,254, and Check 1430 for $146.
An automatic debit of $267 on July 31 from CentralComm for telephone service appeared on the bank statement but had not been recorded in the company's accounting records.

Required: Compose a bank reconciliation for the firm as of July 31.

Record general journal entries for the items on the bank reconciliation that must be journalized.

Analyze:

What effect on total expenses occurred as a result of the general journal entries recorded?

The bank reconciliation shows in the form like this:

Western Imports

Bank Reconciliation Statement

July 31, 2019

_______________________________________________________

Balance on Bank statement

Additions

Deductions