Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance according to the companys records at August 31, $42,920. Cash balance according to the bank statement at August 31, $56,300. Checks outstanding, $25,390. Deposit in transit not recorded by bank, $13,325. A check for $150 in payment of an account was erroneously recorded in the check register as $1,500. Bank debit memo for service charges, $35. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. If an amount box does not require an entry, leave it blank.

a. 20Y6 Aug. 31	Accounts PayableAccounts ReceivableCashPetty CashService RevenueCash	Cash	Cash
	Accounts PayableAccounts ReceivableCash Short or OverNotes ReceivablePetty CashAccounts Payable	Accounts Payable	Accounts Payable
b. Aug. 31	Accounts PayableAccounts ReceivableMiscellaneous ExpensePetty CashService RevenueMiscellaneous Expense	Miscellaneous Expense	Miscellaneous Expense
	Accounts ReceivableCashCash Short or OverMiscellaneous ExpenseService RevenueCash	Cash	Cash