On October 31, 2021, Damon Company's general ledger shows a checking account balance of $8,406. The company's cash receipts for the month total $74,380, of which $71,310 has been deposited in the bank. In addition, the company has written checks for $72,476, of which $71,036 has been processed by the bank. The bank statement reveals an ending balance of $11.946 and includes the following items not yet recorded by Damon: bank service fees of $180, note receivable collected by the bank of $5,300, and interest earned on the account balance plus from the note of $470. After closer inspection, Damon realizes that the bank incorrectly charged the company's account $420 for an automatic withdrawal that should have been charged to another customer's account. The bank agrees to the error. Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2021. (Amounts to be deducted should be indicated with a minus slgn.) DAMON COMPANY Bank Reconciliation October 31, 2021 Company's Cash Balance Per general ledger Bank's Cash Balance Per bank statement Bank balance per reconciliation Company balance per reconciliation View transaction list Journal entry worksheet Record the amounts that increase cash. Note: Enter debits before credits. General Journal Debit Credit Date October 31, 2021 Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the amounts that decrease cash. Note: Enter debits before credits. General Journal Debit Credit Date October 31. 2021 Record entry Clear entry View general journal