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Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31,$18,980. 2. Cash balance according to the bank statement at August 31,$20,070. 3. Checks outstanding, $3,850. 4. Deposit in transit, not recorded by bank, $3,090. 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, $30