er Homework Saved B 02.08.04 On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7854 Cash receipts yet to be deposited into the checking account total $3,248, and checks written by the academy but not yet processed by the bank total $1335 The company's balance of cash does not reflect a bank service fee of $26 and interest earned on the checking account of $37. These amounts are included in the balance of cash of $5,952 reported by the tank 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 o minus sign.) THE DEAN ACTING ACADEMY Bank Raconciliation August 31.2021 Bank's Cash Balance Company's Cash Balance Per Bank Statement 5 5.952 Per General Ledger Deposits Outstanding 3,248 Check Outstanding (1.335) Book int Print Bank Balance per Reconciliation 15 7.16 Company Balance per Reconciliation References 2. Record the necessary entrylles) to adjust the balance for cash Of no entry is required for cansaction event, wlect "No Journal Entry Required in the first account field) Viewranco Bol Journal entry worksheet Record the amounts that increase cash A1102 no edu252Fwebapp.2527bla Statement Deposits Outstanding Checks Outstanding Bank Balance per Reconciliation 5,952 Per General Ledger 3.248 (1335) 07:50 $ 7865 Company Balance per Reconciliation 2. Record the necessary entryies) to adjust the balance for cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction is Journal entry worksheet 2 Record the amounts that increase cash Note: Enter debits before credits Date General Journal August 31, 2021 No Journal Entry Required Deba 5,952 Record entry Clear entry View general Journal