Bank reconciliationThe 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 $31,$ $$14,500,2.$ Cash balance according to the bank statement at August $31,$ $$15,410\mathrm{.}3.$ Checks outstanding, $$2,940.$Deposit in transit not recorded by bank, $$2,360\mathrm{.}5.$ A check for $$480$ in payment of an account was erroneously recorded in the check register as $$840\mathrm{.}6.$ Bank debit memo for service charges, $$30.$a$.$ Prepare a bank reconciliation, using the format shown in Exhibit $13.$Creative Design Co$.$ Bank Reconciliation August $31,2016$Line Item DescriptionAmountCash balance according to bank statementAdjusted balanceCash balance according to company's records $Adjusted balanceb. If the balance sheet were prepared for Creative Design Co$.$ on August $31,$ what amount should be reported for cash