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,$27,760. 2. Cash balance according to the bank statement at August 31,$29,200. 3. Checks outstanding, $5,640. 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, $40