TB PR Qu. 4-197 (Algo) At the end of March... At the end of February, Weber Productions' accounting records reveal a balance for cash equal to $19,200. However, the balance of cash in the bank at the end of February is only $1,485. Weber is concerned and asks the company's accountant to reconcile the two balances. Examination of the bank statement and company records at the end of February reveals the following information: NSF checks Deposits outstanding $ 5,253 Service fees 7,667 Checks outstanding $ 154 484 In addition, during February the company's accountant wrote a check to one of its suppliers for $125. The check was recorded correctly in the company's records for $125 but processed incorrectly by the bank for $1,250. Weber has contacted the bank, which has agreed to fix the error. Finally, a petty cash fund of $4,000 was established during February. This amount was withdrawn from the checking account but not recorded. Required: Calculate the correct ending balance of cash at the end of February. (Amounts to be deducted should be indicated with a minus sign.) Bank's Cash Balance Per bank statement WEBER PRODUCTIONS Bank Reconciliation February 28 Company's Cash Balance Per general ledger Bank balance per reconciliation Company balance per reconciliation