On August 31, 20x1, the balance in the checkbook and the Cash account of the Dry Creek Bed and Breakfast was $12.327. The balance shown on the bank statement on the same date was $13.222. Notes a. The firm's records indicate that a $1.500 deposit dated August 30 and a $706 deposit dated August 31 do not appear on the bank statement. b. A service charge of $9 and a debit memorandum of $345 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, Check 713, Check 716, Check 736, Check 739, Check 741, $115 $130 $243 $582 $ 83 $125 d. A credit memorandum shows that the bank collected a $2,109 note receivable and interest of $68 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? Complete this question by entering your answers in the tabs below. DRY CREEK BED AND BREAKFAST Bank Reconciliation Statement August 31, 20X1 Balance on bank statement Additions Deductions: Total deductions Adjusted bank balance Balance in books Additions: Deductions: Adjusted book balance Record general journal entries for items on the bank reconciliation statement that must be journalized. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction llat View journal entry worksheet No Date General Journal Debit Credit What effect did the journal entries recorded as a result of the bank reconciliation have on the fundamental accounting equation? Net effect by