1. Bank Reconciliation At the end of March, Weber Productions' accounting records reveal a balance for cash equal to $21,861. However, the balance of cash in the bank at the end of March is only $4,576. Weber is concerned and asks the company's accountant to reconcile the two balances. Examination of the bank statement and company records at the end of March reveals the following information: NSF checks $6,783 Service fees $195 Deposits outstanding 7,348 Checks outstanding 541 (1) In addition, Weber owes one of its suppliers $200. The bank processed the check mistakenly and paid $1,200 to Webers supplier. The bank will get the refund from the supplier later. (2) A petty cash fund of $2,500 was established during March. This amount was withdrawn from the checking account but not recorded by Weber. Required: calculate the cash balance using two methods (show how you get the answer, eg. 2+3+5=10) Q1. Calculate the correct cash balance using the bank statement. Q2. Calculate the correct cash balance using the company Webers general ledger.