1 BE OY OS ALGO Entries for Bank Reconciliation 2 EXOT.18 ALGO 3 EX OF 19 ALGO 4. EX.07.24 ALGO The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 2016: 1. Cash balance according to the company's records at August 31, $28,430. 2. Cash balance according to the bank statement at August 31, $29,960. 3. Checks outstanding, $5,770. 4. Deposit in transit not recorded by bank, $4,630. 5. A check for $270 in payment of an account was erroneously recorded in the check register as $720. 6. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. 2018 Aug 31