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An accounting derk for Chesner Co. prepared the following bank reconciliation: a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., use the format shown in the Let's Rieview section. those boxes in which you must enter subtracted or negative numbers use a minus sign. those boxes in which you must enter subtracted or negative numbers use a minus sian. Feedback Check My Work a. Set up two sections: one for the company cash account section and the other for the bank balance section. Determine the effect of the data on each section. Recall that when you are finished, the adjusted balances in the bank and company sections of the reconciliation must Chech My Work a. Set up two sections: one for the company cash account section and the other for the bank balance section. Determine the effect of the data on each section. Recall that when you are finished, the adjusted balances in the bank and company sections of the reconciliation must be equal. If not, an item has been overlooked or treated in error. If a balance sheet were prepared for Chesner Co. on July 31, 20Y4, what amount should be reported for cash? Feodback Theak My Work b. Recall that the company's cash account balance is updated for any items in the company section of the bank reconcliation. Feedthack Check My Work Partially correct

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