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Obj. 5 Adjusted balance: $15,310 E5-21 Bank reconciliation An accounting clerk for Westwind Co. prepared the following bank reconciliation: WESTWIND CO. Bank Reconciliation August 31,
Obj. 5 Adjusted balance: $15,310 E5-21 Bank reconciliation An accounting clerk for Westwind Co. prepared the following bank reconciliation: WESTWIND CO. Bank Reconciliation August 31, 2046 Cash balance according to company's records $ 6,800 Add: Outstanding checks Error by Westwind Co. in recording Check No. 01-115 as $830 instead of $380 450 Note for $7.500 collected by bank, including interest 8,100 12,740 $19,540 Deduct: Deposit in transit on August 31 $2.175 Bank service charges (2.215) Cash balance according to bank statement S17,325 $4,190 From the bank reconciliation data, prepare a new bank reconciliation for Westwind Co. using the format shown in Exhibit 10. If a balance sheet were prepared for Westwind Co. on August 31, 20Y6, what amount should be reported for cash? MacBook Air
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