On August 31, 2019, the balance in the checkbook and the Cash account of the Dry Creek Bed and Breakfast was $12,981. The balance shown on the bank statement on the same date was $13,897 Notes a. The fims records indicate that a $1,500 deposit dated August 30 and a $701 deposit dated August 31 do not appear on the bank statement b. A service charge of $8 and a debit memorandum of $270 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, $110 Check 713. $125 Check 716, $238 Check 736, $577 Check 739, 78 Check 741. $120 d. A credit memorandum shows that the bank collected a $2,094 note receivable and interest of $53 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