On August 31, 20x1, the bainnce in the checkbook and the Cash account of the Dry Creek Bed and Breakfinst was $12,316. The baiance shown on the bank statement on the same date was $13,217. Notes a. The firm's records indicate that a $1,490 deposit dated August 30 and a $705 deposit dated August 31 do not appear on the bank statement. b. A service charge of 57 and a debit memorandum of $340 covering an NSF check have not yet been entered in the firm's records. (The check was issued by Art Corts, a crodit customer) c. The following checks were issued but have not yet been paid by the bank: d. A credit memorandum shows that the bank collected a $2,104 note recelvable and interest of $67 for the firm. These amounts have not yet been entered in the firm's records. Required: 1. Prepare a bank reconcillation statement for the firm as of August 31 . 2. Record generai joumal entries for items on the bank reconcilation statement that must be journalized. Analyze: What effect did the journal entries recorded as a result of the bank reconcillation have on the fundamental accounting equation? Complete this question by entering your answers in the tabs below