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Bank Reconciliation An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co. Bank Reconciliation July 31, 20Y4 Cash balance according to
Bank Reconciliation An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co. Bank Reconciliation July 31, 20Y4 Cash balance according to company's records $7,600 Adjustments: Outstanding checks $3,650 Error by Chesner Co. in recording Check No. 1056 as $830 instead of $380 450 < Note for $11,900 collected by bank, including interest 12,380 Deposit in transit on July 31 (7,740) Bank service charges Total adjustments (70) 8,670 Cash balance according to bank statement $16,270 a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., use the forma which you must enter subtracted or negative numbers use a minus sign. Chesner Co. Bank Reconciliation July 31, 20Y4 Check My Work 3 more Check My Work uses remaining.
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