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 Adjustments: Outstanding checks Error by Chesner Co. in recording Check No. 1056 as $830 instead of $380 $2,380 $4,950 450 Note for $7,800 collected by bank, including interest 8,110 < Deposit in transit on July 31 (5,040) Bank service charges Total adjustments (60) 5,840 Cash balance according to bank statement $10,790 a. From the data in this bank reconciliation, prepare a new bank reconcillation for Chesner Co., use the format shown in the Let's Review section. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Chesner Co. Bank Reconciliation