y Problem 8-04A a -b had a cash balance per books of $6,015.60. The statement from Dakota State Bank on that date shawed a balance of $7,783.90. A comparisan of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $25. k collected $1,790 for Keeds Company through electronic funds transfer 3. The July 31 receipts of $1,225.00 were not included i in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31 4. Company check No. 2480 issued to L. Taylor, a creditor, for $371 that deared the bank in July was incorrectly entered as a cash payment on July 10 for $317 5. Checks outstanding on July 31 totaled $1,860.30. 6. On July 31, the bank statement showed an NSF charge of $578 for a check received by the company from W. Krueger, a customer Prepare the bank reconciliation as of July 31. (List items that increase cash balance first. Round answers to 2 CONCORD COMPANY Bank Reconciliation CALCULAT SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the necessary adjusting entries at July 31 Date Account Titles and Explanation Debit Credit July 31 (To record receipt of electronic funds transfer) Duly 31 To record NSF check) uly 31 (To correct error in recording check) July 31 (To record bank service charge) Click if you would like to Show Work for this question: Qpen Show Work