Entries for Bank Reconcliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance occording to the company's records at August 31, $27,700. 2. Cash balance according to the bank statement at August 31, 529,100 . 3. Checks outstanding, $5,620. 4. Deposit in transit not recorded by bank, $4,520. 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. Joumalize the entries that should be made by the company that (a) increase cash and (b) decrease cash