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Check my work On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,884. Cash receipts yet

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Check my work On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,884. Cash receipts yet to be deposited into the checking account total $3,278, and checks written by the academy but not yet processed by the bank total $1,365. The company's balance of cash does not reflect a bank service fee of $29 and interest earned on the checking account of $40. These amounts are included in the balance of cash of $5,982 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, 2021. (Amounts to be deducted should be indicated with a minus sign.) THE DEAN ACTING ACADEMY Bank Reconciliation August 31, 2021 Company's Cash Balance 6,042 Per General Ledger Bank's Cash Balance Per Bank Statement $ Bank Balance per Reconciliation Company Balance per Reconciliation

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