The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. 2. 3. Cash balance according to the company's records at July 31, $24,403. Cash balance according to the bank statement at July 31, $31,504. Checks outstanding, $13,345. Deposit in transit, not recorded by bank, $6,727. A check for $55 in payment of an account was erroneously recorded in the check register as $550. Bank debit memo for service charges, $12. 4. 5. 6. Journalize the entry or entries that should be made by the company. Refer to the Chart of Accounts for exact wording of account titles