The following data were accumulated for use in reconciling the bank account for XYZ Corporation for March: - Cash balance according to XYZ Corporation's records at March 31, $32,110. - Cash balance according to the bank statement at March 31, $31,350. - Checks outstanding, $2,870. - Deposit in transit, not recorded by the bank, $4,150. - A check for $170 in payment of an account was erroneously recorded in the check register as $710. - Bank debit memo for service charges, $20. 5 Cash balance according to bank statement 6 Add: 7 Deduct: 8 Adjusted balance 10 Cash balance according to company's records 11 Add: 12 Deduct: 13 Adjusted balance March 31 31