Book int ences Problem 9.6A (Algo) Preparing a bank reconciliation statement and journalizing entries to adjust the cash balance. LO 9-5, 9-6, 9-7 On August 1, 20X1, Sofia Marciano, the accountant for European Exports, downloaded the company's July 31, 20X1, bank statement from the bank's website. The balance shown on the bank statement was $28,730. The July 31, 20X1, balance in the Cash account in the general ledger was $14,325 Sofia 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 $14,100 from Mannheim Equipment, a customer located in Germany, 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 $66 to make a purchase of supplies. However, examination of the check online showed that the actual amount of the check was for $96. d. A deposit of $770 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 $1,246 and Check 1430 for $138. f. An automatic debit of $259 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? 8 00 Bank Rec Journal Analyze Prepare a bank reconciliation for the firm as of July 31. EUROPEAN EXPORTS Bank Reconciliation Statement Balance on bank statement ok Additions Deductions ences Total deductions Adjusted bank balance Balance in books Additions: Deductions Adjusted book balance July 31, 20X1 M Question 8-Chapter Nine Ho Franco Company received ezto.mheducation.com Nine Homework Assignment ( Journal entry worksheet T Gerwal Jaral Cale July 31 201 e here to search Clearwy he fed account f Bax ESEN d M Question & Chapter Nine Ho Franco Company received a b ezto.mheducation.com/poczn to Nee Homework 0 8 Journal entry worksheet < 31, 201 Type here to search . Thank hp B M Question 8-Chapter Nine Ho ezto.mheducation.com.fi.com Franco Company received a b stroper Journal entry worksheet Type here to search D 2 . P Cock E 183 hp FEEN d M Question 8-Chapter Nine Ho x Franco Company received a b ezto.mheducation.com/ teral brower-06 New Home Assignme 8 Word geval al tries he the Journal entry worksheet Dank ay 31, 200 Type here to search hp 2 M Question 8 Chapter Nine Ho Franco Company received a l ezto.mheducation.com er New Homework Assignment 8 Journal entry worksheet < 4 E Type here to search D a # < Play 5 S A hp M Question 8-Chapter Nine Ho X Franco Company received a b ezto.mheducation.com vedetentio Suteral ser Olaunch RUFSEN shboard C Cher New Homes Ag 8 Journal entry worksheet 3 Type here to search hp F D 23 M Question 8 Chapter Nine Ho Franco Company received a bi ezto.mheducation.com Nave Homework Agement ( July 31 Check 1422 was conectly written and recorded for $1200 The bank makenly paid the check for $1,220 e. The accounting records indicate that Check 105 was for $06 to make a purchase of supples However the check online showed that the actual arourt of the check was for $96 did not spoo d. A deposit of $770 made after barkong hours on July The following checks were outstanding Check $429 for $1246 and Cher tAntomatic debt of $250 on July 31 om CembalComm Sr been recorded in the company's accounting Required the July 31 bank statement 430 for $18 phone service appeared on the bank stateme 1. Pe bank reconciliation for the geral journal entres for thei What was the effect on total expemes as a result of the general joumal es recorded Complete this question by entering your ar what the effect at expose as a result of the Type here to search @ # S O Dav 63 % A hp