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

Chesner Co.

Bank Reconciliation

July 31, 20Y4

1	Cash balance according to companys records		$11,859.00
2	Adjustments:
3	Outstanding checks	$3,306.00
4	Error by Chesner Co. in recording Check No. 1056 as $940 instead of $490	450.00
5	Note for $11,300 collected by bank, including interest	11,752.00
6	Deposit in transit on July 31	(7,350.00)
7	Bank service charges	(19.00)
8	Total adjustments		8,139.00
9	Cash balance according to bank statement		$19,998.00