Problem 7-5B (Part Level Submission) Martinez SpA's bank statement from Eastern National Bank at August 31, 2017, shows the information below. Balance, August 1 C11,793 Bank credit memoranda: August deposits 51,794 Collection of note receivable plus C105 interest (4,615 Checks cleared in August 44,112 Interest earned m Balance, August 31 24,099 Bank debit memorandum: Safety deposit box rent A summary of the Cash account in the ledger for August shows: balance, August 1, E11,082; receipts C54,134; disbursements E45,918; and balance, August 31, C19,298. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for E2,095 and outstanding checks of C2,806. The deposit in transit was the first deposit recorded by the bank in August. In addition, you determine that there were two errors involving company checks drawn in August: (1) A check for E317 to a creditor on account that cleared the bank in August was journalized and posted for E457. (2) A salary check to an employee for E281 was recorded by the bank for (301. (e) 4 Prepare a bank reconciliation at August 31. (Reconcile the bank balance first and then the book balance. List items that increase balances first.) MARTINEZ SPA Bank Reconciliation