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The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance according to the company's
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6:
Cash balance according to the company's records at August 31, $18,250.
Cash balance according to the bank statement at August 31, $19,040.
Checks outstanding, $3,700.
Deposit in transit, not recorded by bank, $2,970.
A check for $340 in payment of an account was erroneously recorded in the check register as $430.
Bank debit memo for service charges, $30.
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