Exercise 7-25 Pharoah Company has just received the August 31, 2017, bank statement, which is summarized below. County National Bank Disbursements Receipts Balance Balance, August 1 $12,180 Deposits during August $41,860 54,040 Note collected for depositor, including $52 interest Checks cleared during August 1.352 55,392 $44,850 10,542 Bank service charges 26 10,516 Balance, August 31 10,516 The general ledger Cash account contained the following entries for the month of August. Cash 13.065 Disbursements in August Balance, August 1 45.379 Receipts during August 45,500 Deposi ansi at 16 EO cheks oust lard the he month of at August 31 is $403. The bookkeeper improperly entered one check in the books at supplies (expense); Prepare a bank reconciliation dated August 31, 2017, proceeding to a correct balance. Prepare a bank reconciliation dated August 31, 2017, proceeding to a correct balance PHAROAH COMPANY Bank Reconciliation, August 31, 2017 County National Bank Prepare any entries necessary to make the books correct and complete. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Aug. 31, 2017 (To record collection of note and interest) Aug. 31, 2017 (To record August bank charges) Aug. 31, 2017 (To record error recording check for supplies) SHOW LIST OF ACCOUNTS LINK TO TEXT What amount of cash should be reported in the August 31 balance sheet? Cash be reported in the August 31 balance sheet Open Show Work Click if you would like to Show Work for this