Bank reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $17,300. 2. Cash balance according to the bank statement at August 31, $18,490. 3. Checks outstanding, $3,510. 4. Deposit in transit not recorded by bank, $2,820. 5. A check for $170 in payment of an account was erroneously recorded in the check register as $710. 6. Bank debit memo for service charges, $40. a. Prepare a bank reconciliation, using the format shown in Exhibit 13. Creative Design Co. Bank Reconciliation August 31, 20Y6 Line Item Description Cash balance according to bank statement Amount $ Adjusted balance Cash balance according to company's records Adjusted balance