The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 2016 1 Cash balance according to the company's records at August 31, $20,014. 2 Cash balance according to the bank statement at August 31, $28,514 3 Checks outstanding, $14,232 4. Deposit in transit not recorded by bank, $6,214 5. A check for $55 in payment of an account was erroneously recorded in the check register as $550. 6. Bank debit memo for service charges, $13.