7 On August 31 Year 1, the general ledger of a company shows a balance for cash of $7774. Cash receipts yet to be deposited into the checking account total $3168, and checks wiitten by the academy but not yet processed by the bank total $1.255. The company's balance of cash does not reflect a bank service fee of 18 and interest earned on the checking account of $29 These amounts are included in the balance of cash of $5,872 reported by the bank as of the end of August Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on August 31, Year 1. (Amounts to be deducted should be indicated with a minus sign.) Journal entry worksheet 1 2 > Record the amounts that increase cash Note: Enter debits before credits General Journal Debit Credit Date August 31 Record entry Clear entry View general journal Journal entry worksheet