Concord Company has just received the August 31, 2020, bank statement, which is summarized below. Disbursements Receipts Balance County National Bank Balance, August 1 Deposits during August Note collected for depositor, including $53 interest Checks cleared during August Bank service charges Balance, August 31 $42,729 1,380 $12,433 55,162 56,542 10,760 10,733 10,733 $45,782 27 The general ledger Cash account contained the following entries for the month of August. Balance, August 1 Receipts during August Cash 13,336 Disbursements in August 46,445 46,331 Deposits in transit at August 31 are $5,043, and checks outstanding at August 31 total $1,393. Cash on hand at August 31 is $411. The bookkeeper improperly entered one check in the books at $146 which was written for $155 for supplies (expense); it cleared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance. CONCORD COMPANY Bank Reconciliation, August 31, 2020 County National Bank $ $ : $ $ : $ $