Franklin Company deposits all cash receipts on the day they are recelved and makes ail cash payments by check. At the close of business on August 31, its Cash account shows a debit balance of $21,662. Franklin's August bank statement shows a $21,037 balance in the bank. Determine the adjusted cash balance using the following information: Deposit in transit Outstanding checks Bank service fees, not yet recorded by company The bank collected on a note receivable, not yet recorded by the company $7,950 $5,690 $135 $969 The adjusted cash balance should be