1. Using the following information, prepare a bank reconciliation for Dunbar Associates for August 31, 2017: The bank statement balance is $4,960. The cash account balance is $6,350. Outstanding checks amounted to $715. Deposits in transit are $2,020. The bank service charge is $40. A check for $72 for supplies was recorded as $27 in the ledger. 2. Journalize the entries to record the following: Aug 1. Established a petty cash fund of $600 Aug 30. The amount of cash in the petty cash fund is now $190. The fund is replenished based on the following receipts: office supplies, $220; postage, $80. Record any discrepancy in the cash short and over account. Required Prepare bank reconciliation and journalize the entries.