obj. 5 EX 7-21 Bank reconciliation An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co. Bank Reconciliation July 31, 20Y4 $11,100 Adjustments $ 3,585 Error by Chesner Co. in recording Check No. 1056 as $950 instead of $590 Note for $12,000 collected by bank, including interest 360 12,480 (7,200) (25) 9,200 $20,300 Cash balance according to bank statement.. . .. . . . . . . . . . A. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., using the format shown in the Let's Review section. B. If a balance sheet were prepared for Chesner Co. on July 31, 20Y4, what amount should be reported for cash