Kingbird, Inc.'s bank statement from Main Street Bank at August 31, 2017.glves the following women Balance, August 1 August deposits Checks cleared in August Bank credit memorandum: Interest earned $18,500 Bank debit memorandum 71,100 Safety deposit box fee 68,668 Service charge Balance, August 31 55 $35 60 20,892 A summary of the Cash account in the ledger for August shows the following: balance August 1.518.800 receipts $74.100dinbursements $73,560; and balance, August 31, $19.340. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a l transit for $4,810 and outstanding checks of $4,510. In addition, you determine that there was an error involving a company check drawin August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for S40 Determine deposits in transit. I Deposits in transit $ 7810 Determine outstanding checks. (Hint: You need to correct disbursements for the checkerror Outstanding checks $ 9762 bank reconciliation at August 31. (List items that increase per bank & books first.) KINGBIRD, INC. Bank Reconciliation August 31, 2017 Journalize the adjusting entries to be made by Kingbird, Inc. at August 31. (Credit account tres dret entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Aug. 31 (To record interest earned) Aug 31 (To correct error in recording check) Aug. 31