On March 31. Allen Company's Cash account had a balance of $34,880. On that date, the bank statement had a balance of $29,220. Analysis of the bank statement and comparison of the statement with the records indicated the following: Deposits in transit at the end of March 13,581 Outstanding checks at the end of March 4,620 Bank service charge 29 Customers turned check, NSE 960 Bank collection of note on our behalt 5,470 Interest income on note 170 In reviewing the records, Allen Company also discovered the following error: A Powell company check of $1.350 was deducted from Allen Company's account. Required: Prepare the journal entries necessary to update the cash account so that its balance is equal to the adjusted balance per bank reconciliation. Make sure to enter the day for each separate transaction. Note: It will be helpful if you prepare a bank reconcilia before you prepare the joumal entries Date Dobit ARTIN (Choose one) Credit Accounts Receivable Accounts Payable Cash Interest Expense Interest Revenge Legal Expert Miscellaneous Expense Notes Receivable Choose on Continue