The cash transactions and cash balances of Banner, Inc., for July were as follows. 1. Banner, Inc.'s account for Cash showed a balance at July 31 of $125,568. 2. The July bank statement showed a closing balance of $114,828. 3. The cash received on July 31 amounted to $16,000. It was left at the bank in the night depository chute after banking hours on July 31 and therefore was not recorded by the bank on the July statement. 4. Also included with the July bank statement was a debit memorandum from the bank for $50 representing service charges for July. 5. A credit memorandum enclosed with the July bank statement indicated that a non-interest-bearing note receivable for $4,000 from Rene Manes, left with the bank for collection, had been collected and the proceeds credited to the account of Banner, Inc. 6. Comparison of the paid checks returned by the bank with the entries in the accounting records revealed that check no. 821 for $519, issued July 15 in payment for office equipment, had been erroneously entered in Banner's records as $915. 7. Examination of the paid checks also revealed that three checks, all issued in July, had not yet been paid by the bank: no. 811 for $314, no. 814 for $625, and no. 823 for $175. 8. Included with the July bank statement was a $200 check drawn by Howard Williams, a customer of Banner, Inc. This check was marked NSF. It had been included in the deposit of July 27 but had been charged back against the company's account on July 31. ICYUNCU ICY Prepare a bank reconciliation for Banner, Inc., at July 31. BANNER, INC. Bank Reconciliation July 31 Adjusted cash balance Additions: Check No. 821 for office equipment: Recorded as Actual amount Deductions: | Adjusted cash balance Required A Required B Prepare journal entries (in general journal form) to adjust the accounts at July 31. Assume that the ad no entry is required for a transaction/event, select "No journal entry required" in the first account field View transaction list Journal entry worksheet