On October 31, 2024. Damon Company's general ledger shows a cash account balance of $8,397. The company's cash recelpts for the month totai $74,320, of which $71,295 has been deposited in the bank. In addition, the company has written checks for $3,467, of which $1,982 has been processed by the bank. The bank statement reveals an ending balance of $11,727 and includes the following items not yet recorded by Damon: bank service fees of $150, note recelvable collected by the bank of $5,000, and interest earned on the note of $320. After closer inspection. Damon realizes that the bank incorrectly charged the company's account $300 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 baiance of cash on October 31,2024 , 2. Record the necessary entries to adjust the balance for cash. Complete this question by entering your answers in the tabs below. Record the necessary entries to adjust the balance for cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field,) Journal entry worksheet 2. Record the necessary entries to adjust the balance for cash. Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the amounts that decrease cash. Note: Enter debits before credits