Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: Cash balance according to the company's records at July 31, $23,580. Cash balance according to the bank statement at July 31, $24,920. Checks outstanding, $4,790. Deposit in transit, not recorded by bank, $3,840. A check for $270 in payment of an account was erroneously recorded in the check register as $720. Bank debit memo for service charges, $60. Journalize the entries that should be made by the company, part (A) Error and part (B) Service Charge. a. July 31 Cash Accounts Payable b. July 31 Miscellaneous Expense Cash