Question 1 The following information for the month of December 20x6, with respect to cash activities, was gathered by the company's bookkeeper. Cash balance per books, December 1 $ 3,700 Cash received during December 77,000 Cash payments made during December 77,548 Cheques outstanding, December 31 5,300 Bank service charges for December 52 Deposits in transit at December 31 1,700 A $1,200 cheque received from a customer on December 13 in payment of an account receivable was incorrectly recorded as 1,020 Required a) The last item in the list above will cause what kind of adjustment to the cash account balance? b) What is the adjusted cash balance per books at December 31? c) What is the cash balance per the bank statement at December 31