If the balance sheet were prepared for creative design co on August 31, what amount should he reported for cash?

Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20 Y 6 1. Cash balance according to the company's records at August 31,$16,900. 2. Cash balance according to the bank statement at August 31,$17,640. 3. Checks outstanding, $3,430. 4. Deposit in transit, not recorded by bank, $2,750. 5. A check for $340 in payment of an account was erroneously recorded in the check register as $430. 6. Bank debit memo for service charges, $30. a. Prepare a bank reconciliation, using the format shown in Exhibit 13. b. If the balance sheet were prepared for Creative Design Co. on August 31, what amount should be reported for cash? c. Must a bank reconciliation always balance (reconcile)? Feedback 7 Check My Wark b. Recall that the company's cash account balance is updated for any items in the company section of the bank reconc c. Consider the purpose of the bank reconciliation and what it does