QUESTION 16 (16 pts, 8 each) The Cash account in the ledger of XYZ Golf Club shows a balance of $11,925 at December 31, 2018. The December 31 bank statement shows a balance of $10,440. The only reconciling items consist of: Bank service charges of $32. Deposit in transit of $1,813. NSF check from customer ABC in the amount of $120. Error in recording check no. 970 for utilities: check was written in the amount of 5834 but was recorded in XYZ's accounting records as $384. There are 5 outstanding checks (a) What is the amount of the adjusted cash balance at December 31, 2018? $ (b) What is the total amount of outstanding checks at December 31, 2018? $ ter, and the accounts were appropriately adjusted. If the invoice is paid 8 days after the invoice date, what is the amount of the purchase discount (Answer only a T, NO S or comma)? TION 16 pts, 8 each) The Cash account in the ledger of XYZ Golf Club shows a balance of $11,925 at December 31, 2018. The December 31 bank statement ws a balance of $10,440. The only reconciling items consist of: Bank service charges of $32 Deposit in transit of $1,813. NSF check from customer ABC in the amount of $120. Error in recording check no. 970 for utilities: check was written in the amount of $834 but was recorded in XYZ's accounting records as $384. . There are 5 outstanding checks the amount of the adjusted cash balance at December 31, 2018? the total amount of outstanding checks at December 31, 2018? 3 Arial 3 (12pt) T Submit to save and submit. Click Save All Answers to save all answers. QUESTION 16 (16 pts, 8 each) The Cash account in the ledger of XYZ Golf Club shows a balance of $11,925 shows a balance of $10,440. The only reconciling items consist of: Bank service charges of $32. Deposit in transit of $1,813. NSF check from customer ABC in the amount of $120. Error in recording check no. 970 for utilities: check was written in the amount of $8 There are 5 outstanding checks (a) What is the amount of the adjusted cash balance at December 31, 2018? $ (b) What is the total amount of outstanding checks at December 31, 2018? $. Arial 3 (12pt) TEE 25