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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,$23,600. 2. Cash balance according to the bank statement at August 31,$24,860. 3. Checks outstanding, $4,790. 4. Deposit in transit, not recorded by bank, $3,850. 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, $40. a. Prepare a bank reconciliation, using the format shown in Exhibit 13