An accounting clerk for Chesner Co. prepared the following bank reconciliation:

a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., using the format shown in the illustrative problem.
b. If a balance sheet were prepared for Chesner Co. on July 31, 2016, what amount should be reported for cash?

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Chesner Co. Bank Reconciliation July 31, 2016 $11,100 $ 3,585 Error by Chesner Co. in recording Check No. 1056 as $950 İlesissal orsi90 Note for $12,000 collected by bank, including interest 360 12,480 16,425 $27,525 lkslucil3c뀌osit in irairit on luly 31 . 7,200 25 7225