On august 31, 2018, the general ledger of the dean acting academy shows a balance for cash of $7,904. cash receipts yet to be deposited into the checking account total $3,298, and checks written by the academy but not yet processed by the bank total $1,385. the company's balance of cash does not reflect a bank service fee of $31 and interest earned on the checking account of $42. these amounts are included in the balance of cash of $6,002 reported by the bank as of the end of august. required: 1. prepare a bank reconciliation to calculate the correct ending balance of cash on august 31, 2018. (amounts to be deducted should be indicated with a minus sign.) 2. record the necessary entry(ies) to adjust the balance for cash. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)