[The following information applies to the questions displayed below.) The August, current year, bank statement for Allison Company and the August, current year, ledger account for cash follow: BANK STATEMENT Checks and EFTS Deposits $ 395 $12,650 Date Aug. 1 2 3 4 5 9 10 15 21 24 25 30 30 31 485 295 865 200 EFT Balance $ 18,460 18,065 30,715 30,230 29,935 29,070 28,870 32.970 32,635 13,135 20,135 19,335 21,985 21,845 4,100 335 $19,500 7,000 800 EFT 2,650. 140 t $2,650 interest collected. Bank service charge. Aug. 1 Balance 17,285 Deposits Aug. 2 12 24 31 12,650 4,100 7,000 5,500 Cash (A) Checks written and electronic funds transfers Aug. 2 4 15 17 18 20 23 EFT 200 865 230 410 EFT 800 335 19,500 Outstanding checks at the end of July were for $295, $485, and $395. No deposits were in transit at the end of July. 4. Prepare journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 > Record the entry for deposits during August. Note: Enter debits before credits. Debit Credit Transaction General Journal A Cash View general journal Clear entry Record entry