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, $16,820. 2. Cash balance according to the bank statement at August 31, $17,790. 3. Checks outstanding, $3,410. 4. Deposit in transit, not recorded by bank, $2,740. 5. A check for $590 in payment of an account was erroneously recorded in the check register as $950. 6. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. a. 20Y6 Aug. 31 Cash b. Aug. 31 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, $16,820. 2. Cash balance according to the bank statement at August 31, $17,790. 3. Checks outstanding, $3,410. 4. Deposit in transit, not recorded by bank, $2,740. 5. A check for $590 in payment of an account was erroneously recorded in the check register as $950. 6. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. a. 2016 Aug. 31 Cash Accounts Payable Accounts Receivable b. Aug. 31 Cash Petty Cash Service Revenue 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, $16,820. 2. Cash balance according to the bank statement at August 31, $17,790. 3. Checks outstanding, $3,410. 4. Deposit in transit, not recorded by bank, $2,740. 5. A check for $590 in payment of an account was erroneously recorded in the check register as $950. 6. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. a. 2016 Aug. 31 Cash b. Aug. 31 Accounts Payable Accounts Receivable Cash Short or Over Notes Receivable Petty Cash 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, $16,820. 2. Cash balance according to the bank statement at August 31, $17,790. 3. Checks outstanding, $3,410. 4. Deposit in transit, not recorded by bank, $2,740. 5. A check for $590 in payment of an account was erroneously recorded in the check register as $950. 6. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. a. 20Y6 Aug. 31 Cash b. Aug. 31 Accounts Payable Accounts Receivable Miscellaneous Expense Petty Cash Service Revenue 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, $16,820. 2. Cash balance according to the bank statement at August 31, $17,790. 3. Checks outstanding, $3,410. 4. Deposit in transit, not recorded by bank, $2,740. 5. A check for $590 in payment of an account was erroneously recorded in the check register as $950. 6. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. a. 2016 Aug. 31 Cash b. Aug. 31 Accounts Receivable Cash Short or Over Cash Miscellaneous Expense Service Revenue