Required information [The following information applies to the questions displayed below.) Organic Food Company's Cash account shows a $7,500 debit balance and its bank statement shows $6,560 on deposit at the close of business on August 31. a. August 31 cash receipts of $3,240 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a $320 NSF check from a customer, the company has not yet recorded this NSF check c. Outstanding checks as of August 31 total $3,120. d. In reviewing the bank statement, an $280 check written by Organic Fruits was mistakenly drawn against Organic Food's account. e. The August 31 bank statement lists $220 in bank service charges; the company has not yet recorded the cost of these services. Prepare a bank reconciliation using the above information ORGANIC FOOD COMPANY Bank Reconciliation August 31 $ 6,560 Book balance Add: $ 7,500 Bank statement balance Add: 0 0 7,500 6,560 Deduct: Deduct 0 0 6,560 Adjusted book balance $ 7,500 $ Adjusted bank balance