An accounting clerk for Chesner Co prepared the following bank reconciliation:
Chesner Co
Bank Reconciliation
August
Cash balance according to company's records $
Add: Outstanding checks $
Error by Chesner Co in recording Check
No as $ instead of $
Note for $ collected by bank, including interest
$
Deduct: Deposit in transit on August $
Bank service charges
Cash balance according to bank statement $
Question Content Area
a From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co using the format shown in the Exhibit
