EX 7-19 Entries for bank reconciliation OBJ. 5 Using the data presented in Exercise 7-18, journalize the entry or entries that should be made by the company. **** 7-18 data: The following data were accumulated for use in reconciling the bank account of Allenby Co. for August: 1. Cash balance according to the companys records at August 31, $31,080. 2. Cash balance according to the bank statement at August 31, $38,280. 3. Checks outstanding, $12,460. 4. Deposit in transit, not recorded by bank, $5,850. 5. A check for $180 in payment of an account was erroneously recorded in the check register as $810. 6. Bank debit memo for service charges, $40.