The August, current year, bank statement for Allison Company and the August, current year, ledger account for cash follow: BANK STATEMENT Checks and EFTS Date Aug. Deposits Balance $18,010 2 $ 375 3 4 17,635 29,735 29,265 28,905 28,055 27,880 32,730 32,420 12,120 18,820 18,070 21,070 20,930 $12,100 470 5360 9 10 15 21 24 $20, 300 25 30 30 31 850 175 EFT 4,850 310 6,700 750 EFT 3,e00 148 1 "$3,000 interest colected. fBank service charge. Cash (A) Checks written and electronic funds Aug. 1 Balance 16,805 transfers Aug. 2 EFT 175 4 15 17 18 EFT 750 20 23 20,300 Deposits Aug. 2 12,100 12 4,850 24 850 230 460 6,700 31 5,900 310 Outstanding checks at the end of July were for $360, $470, and $375. No deposits were in transit at the end of July. 3. Prepare a bank reconcilation for August. ALLISON COMPANY Bank Reconciliation, August 31, Current Year Company's Books Bank Statement Ending balance per cash account Additions: Ending balance per bank statement Additions: Deductions: Deductions: Correct cash balance Correct cash balance