From the data in this bank reconciliation, prepare a new bank reconciliation 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.

An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co. $7,290 33,500 Bank Reconciliation July 31, 2014 Cash balance according to company's records Adjustments: Outstanding checks Error by Chesner Co. In recording Check No. 1056 as $820 instead of $280 Note for $11,400 collected by bank, including interest Deposit in transit on July 31 Bank service charges Total adjustments Cash balance according to bank statement 540 11,860 (7.420) (60) 8,420 $15,719 a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Cou 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 July 31, 2014 Cash balance according to bank statement 15.710 Add: Deposit in transit on July 31 7.420 Deduct: Outstanding checks 7290 Adjusted balance Cash balance according to company's records Add: Error in recording Check No. 1056 as $820 instead of 5280 Add: Note for $11.400 collected by bank, including interest Seot 2003 Du 11860 12.400 Total additions Deducte Bank service charges V Adjusted balance b. balance sheet were prepared for Chester Co. on July 31, 2014, what amount should be reported for Cash