and Chapter 8 Homework n.do true eBook Show Me How The following data were accumulated for use in reconcling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $32,110. 2. Cash balance according to the bank statement at July 31, $31,350. 3. Checks outstanding, $2,870. 4. Deposit in transit, not recorded by bank, $4,150. 5. A check for $170 in payment of an account was erroneously recorded in the check register as s710 6. Bank debit memo for service charges, $20. a. Prepare a bank reconciliation, using the format shown in Exhibit 14 Mathers Co. Bank Reconciliation 31 Cash balance according to bank statement Adjusted balance Cash balance according to compeny's records Adjusted balance reparted for cash? b. If the balance sheet is prepared for Mathers Co. on Jutly 31, whet amount should be Check My Wark