The following data were accumulated for use in reconciling the bank account of Creative Design Co$.$ for August $20$Y$6$:

Cash balance according to the company's records at August $31,$$$27,190.$

Cash balance according to the bank statement at August $31,$$$28,770.$

Checks outstanding, $$5,520.$

Deposit in transit not recorded by bank, $$4,430.$

A check for $$170$ in payment of an account was erroneously recorded in the check register as $$710.$

Bank debit memo for service charges, $$50.$

a$.$ Prepare a bank reconciliation, using the format shown in Exhibit $13.$

Creative Design Co$.$

Bank Reconciliation

August $31,20$ Y$6$

Line Item Description

Cash balance according to bank statement

Adjusted balance

Cash balance according to company's records $

Amount

$

$

$=$

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