Entries for Bank Reconciliation The 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, $25,520. 2. Cash balance according to the bank statement at August 31. $26.860. 3. Checks outstanding, 55.100. 4. Deposit in transit not recorded by bank, $4.160. S. A check for $590 in payment of an account was erroneously recorded in the check register as $950 6. Blank debit mame for service charges. 540. Journalise the entries that should be made by the company that (s) increase cash and (b) decrease cach O Accounts Payable a. 2015 Aug 31 Cash b. Aug. 31 Miscellaneous Expense Cash / Keep in mind that the company needs to journalisting items in the corection of the bank reconciliation behave not been pre tambak sice charge decrease Cash of the company made an error that understates cash the company in the nam Learning Objects Entries for Note Collected by Bank Accompanying bank statement for Borden Company is a credit memo for $25.375 representing the principal ($25.000) and interest (5375) on a note that had been collected by the hant. The company had been notified by the bank at the time of the collection but had made no untries. Journalize the entry that should be made by the company to bring the accounting records up to date. W en meunt box does not require an entry leave a blank. Cash Notes Receivable Interest Ravenue DW Itens that come from credit mamos de collections of notes or interest by the bankare added to the company cash balance for increas). Learning Objectives