Roper Electronics received its bank statement for the month of August with an ending balance of $11,740. Roper determined that Check No. 613 for $155 and Check No. 601 for $420 were both outstanding. Also, a $6,900 deposit for August 30 was in transit as of the end of the month. Northern Regional Bank also collected a $5,000 notes receivable on August 1 that was issued March 1. Accrued interest is $250. Northern Regional Bank charged a $35 fee for the collection service. The bank statement reveals a bank service charge of $20. A customer check for $68 was returned with the bank statement marked "NSF." The ending balance of the Roper cash account is $12,938. Prepare a bank/account reconciliation and any necessary journal entries for the reconciliation. Roper Electronics Bank Reconciliation August 31 Cash balance according to bank statement 11,740 Add collection fee 6,900 Deduct outstanding checks 575 18,065 Adjusted balance Cash balance according to Roper Electronics Add note receivable Add interest revenue Deduct NSF check Deduct bank service charge Deduct collection fee Adjusted balance 12,938 5,000 250 5,250 68 3** 20 35 123 18,065 Record the entry to increase cash first. For a compound transaction, If an amount box does not require an entry, leave it blank. Aug. 31 Cash Notes Receivable Interest Revenue Aug. 31 Collection Fee Expense Cash Aug. 31 Aug. 31 Accounts Receivable Cash 68 68