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The following data were accumulated for use in reconciling the bank account of Creative Design...

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Accounting

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, $18,250.

Cash balance according to the bank statement at August 31, $19,040.

Checks outstanding, $3,700.

Deposit in transit, not recorded by bank, $2,970.

A check for $340 in payment of an account was erroneously recorded in the check register as $430.

Bank debit memo for service charges, $30.

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