On August 31, 2019, the balance in the checkbook and the Cash account of the Dry Creek Bed and Breakfast was S12 balance shown on the bank statement on the same date was $13,247 Notes a. The firm's records indicate that a $1,550 deposit dated August 30 and a $711 deposit dated August 31 do not appear on the bank statement b. A service charge of $7 and a debit memorandum of $370 covering an NSF check have not yet been entered in the firm's records. (The check was issued by Art Corts, a credit customer.) c. The following checks were issued but have not yet been paid by the bank Check 712, $120 Check 713, $135 Check 716, $248 Check 736, $587 check 739, $88 Check 741, $130 d. A credit memorandum shows that the bank collected a $2134 note recelvable and interest of $73 for the firm. These amounts have not yet been entered in the firm's records. Required: 1. Prepare a bank reconciliation statement for the firm as of August 31. 2. Record general journal entries for items on the bank reconciliation statement that must be journalized Analyze: What effect did the journal entries recorded as a result of the bank reconciliation have on the fundamental accounting equation? Complete this question by entering your answers in the tabs below General Journal Bank Rec Analyze Prepare a bank reconcillation statement for the firm as of August 31 AND BREAKF