On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,884. Cash receipts yet to be deposited into the checking account total $3,278, and checks written by the academy but not yet processed by the bank total $1,365. The company's balance of cash does not reflect a bank service fee of $29 and interest earned on the checking account of $40. These amounts are included in the balance of cash of $5,982 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 7.884 Per General Ledger Deposits Outstanding Checks Outstanding $ 3.2781 $ Bank Balance per Reconciliation 7,866 Company Balance per Reconciliation Journal Entry Required" in the first account View transaction list Journal entry worksheet > 2 Record the amounts that increase cash. Note: Enter debits before credits Debit Credit General Journal Date August 31, 2021 Record entry Clear entry View general journal ournal Entry Required" in the View transaction list Journal entry worksheet 1 Record the amounts that decrease cash. Note: Enter debits before credits. Debit Credit General Journal Date August 31, 2021 View general Journal Clear entry Record entry