Tamarisk Company has just received the August 31, 2020, bank statement, which is summarized below. Disbursements Receipts County National Bank Balance, August 1 Deposits during August Note collected for depositor, including $48 interest Checks cleared during August Bank service charges Balance, August 31 $38,382 1,240 Balance $11,168 49,550 50,790 9,666 $41,124 24 9,642 9,642 The general ledger Cash account contained the following entries for the month of August. Balance, August 1 Receipts during August Cash 11,980 Disbursements in August 41,720 41,617 Deposits in transit at August 31 are $4,530, and checks anding at August 31 total $1,252. Cash on hand at August 31 is $370. The bookkeeper improperly entered one check in the books at $146 which was written for $155 for supplies (expense); it cleared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance. TAMARISK COMPANY Bank Reconciliation, August 31, 2020 County National Bank Balance per bank statement, August 31, 2020 $ Add Cash on hand $ 370 Deposits in transit 4,530 4 14 Less Outstanding checks (1,252) Correct cash balance $ 13 Balance per books, August 31, 2020 $ 12 Add : Note and interest collected 1 13 Less Less Bank service charges 24 i Understated check for supplies 9 i (33) Correct cash balance 13 Prepare any entries necessary to make the books correct and complete. (If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Aug. 31, 2020 Cash 1,240 Notes Receivable 1192 Interest Revenue 48 (To record collection of note and interest) Aug. 31, 2020 Service Revenue 24 Cash 24 (To record August bank charges) Aug. 31, 2020 Supplies Expenses 9 Cash 9 (To record error in recording check for supplies)