(b)Prepare any adjusting entries necessary as a result of the bank reconciliation. (Credit account titles areautomatically indented when the amount is entered. Do not indent manually.)Date Account Titles and ExplanationDebitCredit00July. 31(To record collection of note receivable and interest by the bank)31(To record NSF check)31 Prepare a bank reconciliation for July 31.BLOSSOM COMPANYBank ReconciliationJuly 31Cash Balance Per Bank880Add vDeposit in Transit9001780LessOutstanding Checks380Adjusted Cash Balance Per Bank v1400elCash Balance Per Books500Add vCollection of Note and Interest12581758Less vNSF Check320Bank Service Charge38358Adjusted Cash Balance Per Books v1400Cick HEue%24%24

Bank reconciliation statement: Bank reconciliation statement can be defined as the statement or…

Prepare any adjusting entries necessary as a result of the bank reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July. 31 (To record collection of note receivable and interest by the bank) 31 (To record NSF check) 31