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Business, 16.06.2021 03:00 JasminGodoy

Entries for Bank Reconciliation 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, $14,990. Cash balance according to the bank statement at August 31, $15,990. Checks outstanding, $3,040. Deposit in transit not recorded by bank, $2,440. A check for $270 in payment of an account was erroneously recorded in the check register as $720. Bank debit memo for service charges, $50. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash.

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Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank...

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