Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 2019: a. Cash balance according to the company's records at August 31, $25,210. b. Cash balance according to the bank statement at August 31, $26,710. c. Checks outstanding, $5,120. d. Deposit in transit, not recorded by bank, $4,110. e. A check for $170 issued in payment of an account to a supplier was erroneously recorded by Wolfpack Bread Inc. as $710. f. Bank debit memo for service charges, $50. Prepare a bank reconciliation, using the format shown in Exhibit 10. WOLFPACK BREAD INC. Bank Reconciliation August 31, 2019 Cash balance according to bank statement 26,710 Add deposit in transit not recorded by bank Deducted deposit in transit, not recorded by bank 5,120 Adjusted balance 25,700 Cash balance according to Wolfpack Bread Inc 25.210 Add error in recording checkas $210 by the company instead of $170 710 X Deduct bank service charges 710 X 4,110 0X Adjusted balance