Help Save & E 4 Exercise 4-10B Calculate the balance of cash using a bank reconciliation (LO4-5) 20 points On August 31, Year 1, the general ledger of a company shows a balance for cash of $7774. Cash receipts yet to be deposited into the checking account total $3,168, and checks written by the academy but not yet processed by the bank total $1.255. The company's balance of cash does not reflect a bank service fee of $18 and interest earned on the checking account of $29. These amounts are included in the balance of cash of $5,872 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, Year 1. (Amounts to be deducted should be indicated with a minus sign.) eBook Hint Print Bank Reconciliation August 31, Year 1 Company's Cash Balance Per General Ledger References Bank's Cash Balance Per Bank Statement Bank Balance per Reconciliation Company Balance per Reconciliation