Problem 3 1. Using the following information, prepare a bank reconciliation for Dunbar Associates for August 31, 2017: The bank statement balance is $4,690. The cash account balance is $5,080. Outstanding checks amounted to $715. Deposits in transit are $1,020. The bank service charge is $40. A check for $72 for supplies was recorded as $27 in the ledger. 21. Joumalize the entries to record the following: Aug 1. Established a petty cash fund of $500 Aug 30. The amount of cash in the petty cash fund is now $190. The fund is replenished based on the following receipts: office supplies, $220;postage, $80. Record any discrepancy in the cash short and over account. Required Prepare bank reconciliation and journalize the entries