On August 31, 2019, the balance in the checkbook and the Cash account of the Dry Creek Bed and Breakfast was $12,343. The balance shown on the bank statement on the same date was $13,232. Notes The firms records indicate that a $1,520 deposit dated August 30 and a $708 deposit dated August 31 do not appear on the bank statement. A service charge of $7 and a debit memorandum of $355 covering an NSF check have not yet been entered in the firms records. (The check was issued by Art Corts, a credit customer.) The following checks were issued but have not yet been paid by the bank: Check 712, $ 117 Check 713, $ 132 Check 716, $ 245 Check 736, $ 584 Check 739, $ 85 Check 741, $ 127 A credit memorandum shows that the bank collected a $2,119 note receivable and interest of $70 for the firm. These amounts have not yet been entered in the firms records. Required: Prepare a bank reconciliation statement for the firm as of August 31. 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?