Question 1: The following information for the month of December 20x6, with respect to cash activities, was gathered by the company's bookkeeper. $3,700 77,000 77,548 5,300 Cash balance per books, December 1 Cash received during December Cash payments made during December Cheques outstanding, December 31 Bank service charges for December Deposits in transit at December 31 A $1,200 cheque received from a customer on December 13 in payment of an account receivable was incorrectly recorded as 52 1,700 1,020 Required - a) The last item in the list above will cause what kind of adjustment to the cash account balance? (Hint: answer in the form of 'increase or decrease of 'X' amount', or no error) 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