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On August 1, 20X1, the accountant for Western Imports downloaded the company's July 31, 20X1, bank statement from the bank's website. The balance shown on the bank statement was $28,820. The July 31, 20X1, balance in the Cash account in the general ledger was $13,576. 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: a. An electronic funds transfer for $15,000 from Foncier Ricard, a customer located in France, was received by the bank on July 31. b. Check 1422 was correctly written and recorded for $1,200. The bank mistakenly paid the check for $1,220. c. The accounting records indicate that Check 1425 was issued for $60 to make a purchase of supplies. However, examination of the check online showed that the actual amount of the check was for $90. d. A deposit of $840 made after banking hours on July 31 did not appear on the July 31 bank statement. e. The following checks were outstanding: Check 1429 for $1,255 and Check 1430 for $147. f. An automatic debit of $268 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: 1. Prepare a bank reconciliation for the firm as of July 31. 2. Record general journal entries for the items on the bank reconciliation that must be journalized. Analyze: What was the effect on total expenses as a result of the general journal entries recorded? Bank Rec General Journal Analyze Prepare a bank reconciliation for the firm as of July 31. WESTERN IMPORTS Bank Reconciliation Statement July 31, 20X1 Balance on bank statement Additions: Deductions: Total deductions Adjusted bank balance Balance in books Additions: Deductions: Adjusted bank balance Journal entry worksheet

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