FULL SCREEN PENTER VERSION HACK WileyPLUS Problem 7-10 The following errors were found when the new accountant at Pearl's Motors was preparing the April 30 bank reconciliation 1. On April 4, Pearl recorded a payment to his airplane motor supplier as $1,280. The correct amount of the cheque recorded by the bank was $1.940. 2. On April 16, the bank withdrew a cheque from Pearl's account for $1,395. This cheque was not written by Pearl 3. On April 8, Pearl's daughter made a deposit at the bank for him for $3,250. The bank correctly recorded this deposit. Peart posted the deposit for collection on accounts as $2,350. 4. On April 20, the bank recorded a deposit as $4,675. The actual amount of the deposit was $7,675. The bank corrected the error on May 1. On April 24, the bank recorded cheque #42 for $752 as $725. The cheque had been issued to pay for shop rent Pearl had correctly recorded the cheque in his 5. books. 6. On April 28, Pearl recorded a payment for supplies. He posted $2,375 to his books. The correct amount of the cheque recorded by the bank was $1,175. . Describe the impact of each of these items on the bank reconciliation Type of reconciling item Amount Journal Entry? 1. 2. 3. v 5. 6. SHOW LIST OF ACCOUNTS Prepare the necessary Journal entries to correct the accounts as you determined above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account tities and enter o for the amounts. Record journal entries in the order presented in the above part.) Date Account Titles and Explanation Debit Credit V SHOW LIST OF ACCOUNTS LINK TO TEXT