3.75/5 Marin Inc.'s bank statement from Main Street Bank at August 31, 2022, gives the following information $18,620 71,220 Balance, August 1 August deposits Checks cleared in August Bank credit memorandum: Interest earned 65,648 Bank debit memorandum: Safety deposit box fee Service charge Balance, August 31 $55 80 24,132 75 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,920; receipts $74,220; disbursements $73,540; and balance, August 31, $19,600. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,830 and outstanding checks of $4,530. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. (a) Your answer is correct. Determine deposits in transit. Deposits in transit $ 7830 e Textbook and Media 3.75/5 (b) Your answer is correct. Determine outstanding checks. (Hint: You need to correct disbursements for the check error.) Outstanding checks $ 12782 e Textbook and Media List of Accounts Attempts: 1 of 3 use Your answer is correct. Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) MARIN INC. Bank Reconciliation August 31, 2022 Cash balance per bank statement V $ 24132 Add Deposits in transit 7830 31962 Less Outstanding checks 12782 Adjusted cash balance per bank $ 19180 Cash balance per books $ 19600 Add V: Interest earned 75 19675 Less Error in recording check $ 360 i Service charge 80 i Safety deposit box rent 55 i 495 uestion 3 of 4 Less Error in recording check 360 i Service charge 80 Safety deposit box rent 55 i 495 Adjusted cash balance per books $ 19180 e Textbook and Media List of Accounts Attempts: 2 of 3 used (d) Journalize the adjusting entries to be made by Marin Inc. at August 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Aug. 31 (To record Interest earned) Aug. 31 (To correct error in recording check) Aug. 31 (To record service charge and safety deposit box fee) e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit