E5-18 Bank reconciliation The following data were accumulated for use in reconciling the bank account of Ross Co. for March 20Y9 a. Cash balance according to the company's records at March 31, $29,945. b. Cash balance according to the bank statement at March 31, $29,200. c. Checks outstanding, $11,600. d. Deposit in transit, not recorded by bank, $12,400. e. A check for $240 in payment of an account was erroneously recorded by Ross Co. as $420. f. Bank debit memo for service charges, $125. Prepare a bank reconciliation, using the format shown in Exhibit 6