On October $31,2024,$ Damon companies general shows the cash account balance of $$8397.$ The companies cash receipts for the month total $7000$ $$74,320,$ of which $$71,295$ has been deposited in the bank. In addition, the company has written checks for $$3467,$ of which $$1982$ has been processed by the bank. The bank statement reveals in balance of $$11,727$ and includes the following items not yet recorded by Damon bank service fees at $$150,$ no receivable collected by the bank of $$5000,$ and interest earned on the note of $$320.$ After closest inspection, Damon realizes that the bank incorrectly charged the companies account $$300$ for an automatic withdrawal that should've been charged to another customers account. The bank agrees to the error. Prepare bank reconciliation to calculate the correct balance of cash on October $31,2024.$ And recording necessary entries to adjust the balance for cash.