The following data were accumulated for use in reconciling the bank account of Kaycee Sisters Inc. for August 20Y9: Cash balance according to the companys records at August 31, $47,912. Cash balance according to the bank statement at August 31, $46,720. Checks outstanding, $18,560. Deposit in transit, not recorded by bank, $19,840. A check for $384 in payment of an account was erroneously recorded Kaycee Sisters Inc. as $483. Bank debit memo for service charges, $200. Record the effects on the accounts and financial statements of the company based upon the information above. If no account or activity is affected, select "No effect" from the dropdown and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts.