As the new junior accountant at Bernstein Company, you have been asked to prove the cash account balance of $18,634 at 12/31/20. You have obtained the following information:

1. The 12/31/20 bank statement shows a beginning balance of $18,783, receipts of $179,832, disbursements of $176,625, and an ending balance of $21,990.
2. On 12/31/20, deposits of $12,900 were mailed to the bank.
3. The list of outstanding checks totaled $13,950 at 12/31/20.
4. On 11/15/20, the bank made an error, crediting Bernstein for a $2,000 deposit that should have been made to the account of Berenstein Company. Bernstein has notified the bank and is waiting for the bank to correct the error.
5. On 12/20/20, Bernstein wrote a check for $1,257.30, but recorded it as $1,797.30. The check cleared the bank in December.
6. Bernsteins 12/22/20 deposit for $1,913 was recorded as $1,193.
7. The bank statement showed that deposited checks totaling $624 were dishonored during December.
8. Interest on a bank loan for the month of December charged by the bank but not recorded on the books amounted to $250.
9. The bank charged Bernstein an $80 service charge for December.

Required:

1. Prepare a bank reconciliation for Bernstein, determining the correct cash balance.
2. Prepare the journal entries required by Bernstein at 12/31/20.
3. What cash amount will appear on Bernsteins balance sheet at 12/31/20?

Please show any work done. I am trying to grasp this topic. Thank you in advance!