Bank Reconciliation

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

Chesner Co.
Bank Reconciliation
July 31, 20Y4
Cash balance according to companys records			$18,520
Adjustments:
Outstanding checks	$4,780
Error by Chesner Co. in recording Check
No. 1056 as $875 instead of $785	90
Note for $15,000 collected by bank, including interest	15,600
Deposit in transit on July 31	(11,300)
Bank service charges	(45)
Total adjustments			9,125
Cash balance according to bank statement			$27,645

a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., use the format shown in the Lets Review section. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Chesner Co.

Bank Reconciliation

July 31, 20Y4

Cash balance according to bank statement		$fill in the blank 76e59dff8069fa3_1
		fill in the blank 76e59dff8069fa3_3
		fill in the blank 76e59dff8069fa3_5
Adjusted balance		fill in the blank 76e59dff8069fa3_6
Cash balance according to company's records		$fill in the blank 76e59dff8069fa3_7
	$fill in the blank 76e59dff8069fa3_9
	fill in the blank 76e59dff8069fa3_11
Total additions		fill in the blank 76e59dff8069fa3_12
		fill in the blank 76e59dff8069fa3_14
Adjusted balance		$fill in the blank 76e59dff8069fa3_15

b. If a balance sheet were prepared for Chesner Co. on July 31, 20Y4, what amount should be reported for cash? $fill in the blank ce2e8e062fb404b_1