Answer:$14,425
Explanation:
Adjusted cash balance:
Balance as per cashbook: $8,415
Add note receivable: $5,600
Add interest earned: $620
Less bank service fees: ($210)
Adjusted cash balance: $14,425
Bank Reconciliation statement:
Adjusted cash balance: $14,425
Add outstanding checks($72,485-$71,090): $1,395
Less uncredited checks($74,440-$71,325): ($3,115)
Less Bank Error: ($540)
Balance as per bank statement: $12,165
