EXERCISE 7.5 Shown below is the information needed to prepare a bank reconciliation for Warren Electric at Bank Reconciliation December 31 . At December 31, cash per the bank statement was S15,200; cash per the company's records was $17,500 2. Two debit memoranda accompanied the bank statement:service charges for December of $2s, and a $775 check drawn by Jane Jones marked "NSF" 3. Cash receipts of $10,000 on December 31 were not deposited until January 4 4. The following checks had been issued in December but were not included among the paid checks returned by the bank: no. 620 for $1,000, no. 630 for $3,000, and no. 641 for $4,500. a. Prepare a bank reconciliation at December 31. h Prnare the negessary journal entry or entries to update the accounting record