On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,864. Cash receipts yet to be deposited into the checking account total $3,258, and checks written by the academy but not yet processed by the bank total $1,345 The company's balance of cash does not reflect a bank service fee of $27 and interest earned on the checking account of $38. These amounts are included in the balance of cash of $5,962 reported by the bank as of the end of August. Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on August 31, 2021. (Amounts to be deducted should be indicated with a minus sign.) THE DEAN ACTING ACADEMY Bank Reconciliation August 31, 2021 Bank's Cash Balance Company's Cash Balance Per Bank Statement Per General Ledger Bank Balance per Reconciliation Company Balance per Reconciliation 1 points 2. Record the necessary entrylles) to adjust the balance for cash. (If no entry is required for a transaction/event, select Entry Required" in the first account field.) View transaction ist Skipped Journal entry worksheet eBook 1 2 Hint Record the amounts that increase cash. Print Note: Enter debits before credits References General Journal Date August 31, 2021 Debit Credit Record entry Clear entry View general Journal 2. Record the necessary entrylles) to adjust the balance for cash. (If no entry is required for a transa Entry Required" in the first account field.) ped View transaction list Journal entry worksheet ook 1 2 Hint Record the amounts that decrease cash. Print Note: Enter debits before credits erences Date General Journal Debit August 31, 2021 Credit Record entry Clear entry View general journal