Entries for Bank Reconcliation 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,$20,660. 2. Cash balance according to the bank statement at July 31,$21,790. 3. Checks outstanding, $4,190. 4. Deposit in transit, not recorded by bank, $3,370. 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, $50