1. Cash - The hotel keeps a signicant amount of euro currency on hand to meet the needs of its guests. At year end, there was 12,001] on hand. The year-end exchange rate was $1.35, and the average rate for the year was $1.42. - The bank statement balance at December 31 was $158,293. There were outstanding cheques of $52,3?5 and an outstanding deposit of $15 ,431'. Bank charges per the bank statement were $65 for the month of December and have been recorded