Refer to the information given below.
a. The August 31 balance shown on the bank statement is $9,819.
b. There is a deposit in transit of $1,263 at August 31.
c. Outstanding checks at August 31 totaled $1,883.
d. Interest credited to the account during August but not recorded on the company\’s books amounted to $108.
e. A bank charge of $36 for checks was made to the account during August. Although the company was expecting a charge, its amount was not known until the bank statement arrived.
f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $636 had been recorded as a disbursement of $377.
g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,386.
(a) Prepare the adjusting journal entry (or entries) that should reflect the reconciling items. (Omit the \”$\” sign in your response.)
(b) What is the amount of cash to be included in the August 31 balance sheet for the bank account reconciled?
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