The following data were accumulated for use in reconciling the bank account of Nakajima Co. for July 1 Cash balance according to the company's records at July 31, $49.910. 2 2 Cash balance according to the bank statement at July 31, $48,250. 3 Checks outstanding, $4,460 4. Deposit in transit, not recorded by bank $6 450 5 A check for $590 issued in payment of an account was erroneously recorded in the check register as $950 6 Bank debit memo for service charges. $20 Required: Journalize the entry or entries that should be made by the company Refer to the chart of accounts for the exe