The August, current year, bank statement for Allison Company and the August, current year, ledger account for cash follow:

BANK STATEMENT
Date		Checks and EFTs				Deposits				Balance
Aug. 1										$	17,510
2		$	320								17,190
3						$	11,700				28,890
4			430								28,460
5			270								28,190
9			880								27,310
10			250	EFT							27,060
15							4,000				31,060
21			350								30,710
24		$	20,400								10,310
25							6,500				16,810
30			850	EFT							15,960
30							2,350	*			18,310
31			120								18,190

*$2,350 interest collected.

Bank service charge.

Cash (A)
Aug. 1 Balance	16,490	Checks written and electronic funds transfers
Deposits		Aug. 2	EFT 250
Aug. 2	11,700	4	880
12	4,000	15	280
24	6,500	17	510
31	5,200	18	EFT 850
		20	350
		23	20,400

Outstanding checks at the end of July were for $270, $430, and $320. No deposits were in transit at the end of July.

3. Prepare a bank reconciliation for August.