Cash balance according to company's records Adjustments: Outstanding checks Error by Chesner Co. in recording Check $4,780 $18,520 No. 1056 as $875 instead of $785 90 Note for $15,000 collected by bank, including interest 15,600 Deposit in transit on July 31 (11,300) Bank service charges (45) Total adjustments 9,125 Cash balance according to bank statement $27,645 a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., use the format shown in the Let's Review section. For those boxes in which you must enter subtracted or negative numbers use a minus sign.