Sheffield Corp. has just received its August 31, 2020 bank statement, which is summarized as follows: Provincial Bank of Manitoba Disbursements Receipts Balance Balance, August 1 $9,540 Deposits during August $34,500 44,040 Note collected for depositor, including $50 interest 1,150 45,190 Cheques cleared during August $34,800 10,390 Bank service charges 40 10,350 Balance, August 31 10,350 The general ledger Cash account contained the following entries for the month of August: Cash Balance, August 1 10,160 Disbursements in August 33,529 Receipts during August 35,400 Deposits in transit at August 31 are $3,500, and cheques outstanding at August 31 total $1,050. Cash currently on hand at August 31 is $320 and there were postdated cheques from customers (for September 1) in the amount of $530. The bookkeeper improperly entered one cheque in the books at $146.50. The cheque was actually written for $167.50 for supplies (expense) and cleared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance. (List items that increase balance as per bank & books first.) Sheffield Corp. Bank Reconciliation, August 31, 2020 Provincial Bank of Manitoba $ $ : $ > $ Prepare entries that are needed to make the books correct and complete. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit (To record collection of note and interest) (To record bank charges) (To record error in recording cheque for supplies) What amount of cash should be reported on the August 31 statement of financial position? Cash balance $