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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

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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, $19,190. 2. Cash balance according to the banic statement at August 31, $20,460. 3. Checks outstanding, $3,900. 4. Deposit in transit not recorded by bank, $3,130. 5. A check for $170 in payment of an account was erroneously recorded in the check register as $710. 6. Bank debit memo for service charges, $40. This information has been collected in the Microsoft Excel Online file, Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Prepare a bank reconcillation, using the format shown in Exhibit 13. a. Prepare a bank reconciliation, using the format shown in Exhibit 13. b. If the balance sheet were prepared for Creative Design Co, on August 31 , what amount should be reported for cash? c. Must a bank reconciliation always balance (reconcile)? a. Prepare a bank reconciliation, using the format shown in Exhibit 13. b. If the balance sheet were prepared for Creative Design Co. on August 31, what amount should be reported for cash? c. Must a bank reconciliation always balance (reconcile)? a. Prepare a bank reconciliation, using the format shown in Exhibit 13. c. Must a bank reconciliation always balance (reconcile)? a. Prepare a bank reconciliation, using the format shown in Exhibit 13. amount should be reported for cash? a. Prepare a bank reconciliation, using the format shown in Exhibit 13. b. If the balance sheet were prepared for Creative Design Co. on August 31 , what amount should be reported for cash? c. Must a bank reconciliation always balance (reconcile)

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