An accounting clerk for Westwind Co. prepared the following bank reconciliation:

a. From the bank reconciliation data, prepare new bank reconciliation for Westwind Co., using the format shown in the illustrative problem.
b. If a balance sheet were prepared for Westwind Co. on January 31, 2012, what amount should be reported forcash?

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WESTWIND CO. Bank Reconciliation January 31, 2012 6,800 Cash balance according to company's records Add: Outstanding checks $4,190 Error by Westwind Co. in recording Check No. 01-115 as $830 instead of $380 Note for $7,500 collected by bank, including interest 450 8,100 $2,175 40 12,740 $19,540 2,215 $17,325 Deduct: Deposit in transit on January 31 Bank service charges Cash balance according to bank statement