On August $31,2024,$ the general ledger of Brusher Man Vacuum shows a balance for cash of $$7,814.$ Cash receipts yet to be deposited into the checking account total $$3,270.$ The company$$s balance of cash does not reflect a debit card payment for the purchase of postage expense $($$$88)$ or an electronic funds transfer for rent expense $($$$1,295).$ The bank statement also revealed the company recorded a debit card transaction for supplies of $$413,$ but the actual amount was $$513.$ These amounts are included in the balance of cash of $$3,061$ 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 $31,2024.$

$2.$ Record the necessary entry$($ies$)$ to adjust the balance for cash.