Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $26,610. 2. Cash balance according to the bank statement at July 31, $27,990. 3. Checks outstanding, $5,400. 4. Deposit in transit, not recorded by bank, $4,340. 5. A check for $480 in payment of an account was erroneously recorded in the check register as $840. 6. Bank debit memo for service charges, $40. Journalize the entries that should be made by the company, part (A) Error and part (B) Service Charge. a. July 31 b. July 31