Problem 8-5A (Part Level Submission) Rodriguez Company maintains a checking account at the Imura Bank. At July 31, selected data from the ledger balance and the bank statement are shown below. Cash in Bank Per Books Per Bank $15,950 $17,750 81,550 Balance, July 1 July receipts July credits July disbursements July debits 83,625 77,300 74,906 $24,669 Balance, July 31 $22,000 Analysis of the bank data reveals that the credits consist of $79,000 of July deposits and a credit memorandum of $4,625 for the collection of a $4,550 note plus interest revenue of $75. The July debits per bank consist of checks cleared $74,845 and a debit memorandum of $61 for printing additional company checks. You also discover the following errors involving July checks. (1) A check for $170 to a creditor on account that cleared the bank in July was journalized and posted as $710. (2) A salary check to an employee for $755 was recorded by the bank for $655. The June 30 bank reconciliation contained only two reconciling items: deposits in transit $8,150 and outstanding checks of $6,350. (a) Prepare a bank reconciliation at July 31, 2017. (List items that increase cash balance first. Reconcile cash balance per bank first.) RODRIGUEZ COMPANY Bank Reconciliation July 31, 2017 $ $ $ $ $