Cullumber Company has just received the August 31, 2020, bank statement, which is summarized below. County National Bank Balance, August 1 Deposits during August Note collected for depositor, including $46 interest Checks cleared during August Bank service charges Balance, August 31 Disbursements Receipts Balance $10,662 $36,644 47,306 1,184 48,490 $39,261 9,229 23 9,206 9,206 The general ledger Cash account contained the following entries for the month of August. Cash Balance, August 1 11,437 Disbursements in August 39.731 Receipts during August 39,830 Deposits in transit at August 31 are $4,324, and checks outstanding at August 31 total $1,195. Cash on hand at August 31 is $353. 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. (a) Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance