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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, $14,520.
Cash balance according to the bank statement at August 31, $15,520.
Checks outstanding, $2,950.
Deposit in transit, not recorded by bank, $2,370.
A check for $270 in payment of an account was erroneously recorded in the check register as $720.
Bank debit memo for service charges, $30.
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