Exercise 4-10 (Algo) Calculate the balance of cash using a bank reconciliation (LO4.5) On August 31, 2024, the general ledger of Knilepoint Cutteny shows o balance for cash of 57.914 . Cash receipts yet to be deposited into the checking account total $3.325. The companty's bolance of cosh does not refiect a debir card payment for the purchase of portage expense (\$83) or an ejectronic funds transfer for reat expense (\$1395. The bank sutement also revealed the compony recorded a debit card tronsection for supples of $408, but the actual amount was $503. These anounts are included in the balance of cash of $3.011 reported by the bark as of the end of August. Required: 1. Prepare a bank reconcilietion to coiculote the cortect ending balance of cath on August 31.2024. 2. Fecord the necessary entry(ies) to adjust the bolonce for cash. (7) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Mecord the necessiry entry(ies) to edjust the belasce for cosh. (It no ereryis requred far e trotagctionvevenk, jetect To Journes Eritry Requind in the fist account field,\}. Requiredt 1. Prepare a bank reconcillation to calculate the correct ending balance of cash on August 31, 2024. 2. Record the necessary entry(ies) to adjust the balance for cash. (*) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Record the necessary entry(ies) to adjust the balance for cash. (If no entry is required for a transactionvevent, select "No Journal Entry Required "in the first account field.)