treasury notes and bonds use the information in the table assume a 100000 par value

Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July 1. Cash balance according to the company's records at July 31 $27,270. 2. Cash balance according to the bank statement at July 31, $28,400. 3. Checks outstanding, $5,540. 4. Deposit in transit, not recorded by bank, $4,450. 5. A check for $340 in payment of an account was erroneously recorded in the check register as $430. 6. Bank debit memo for service charges, $50. a. Prepare a bank reconciliation, using the format shown in Exhibit 14. Mathers Co. Bank Reconciliation July 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records si Adjusted balance b. If the balance sheet is prepared for Mathers Co. on July 31, what amount should be reported for cash? 56,320 As i dent for Chesner Co prepared the following bank reconciliation Chesner Co. Bank Reconciliation August 31 Cash balance according to company's records Add: Outstanding checks $3,030 Error by Chesner Co. In recording Check No. 1056 as $940 instead of $490 450 Note for $9.900 collected by bank, including interest 10,300 13,780 $20,100 $6,430 20 6,500 Deduct: Deposit in transit on August 31 Bank service charges Cash balance according to bank statement $13,600 strative a. From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co., using the format shown in the problem. Chesner Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records