Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 2016: 1. Cash balance according to the company's records at August 31, $28,620. 2. Cash balance according to the bank statement at August 31, $30,260. 3. Checks outstanding, $5,810. 4. Deposit in transit not recorded by bank, $4,670. 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. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. a. 2076 Aug. 31 Accounts Payable Petty Cash