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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, $19,150.

Cash balance according to the bank statement at August 31, $20,240.

Checks outstanding, $3,890.

Deposit in transit not recorded by bank, $3,120.

A check for $590 in payment of an account was erroneously recorded in the check register as $950.

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. 20Y6 Aug. 31Cash fill in the blank 2fill in the blank 3Accounts Payable fill in the blank 5fill in the blank 6b. Aug. 31Miscellaneous Expense fill in the blank 8fill in the blank 9Cash fill in the blank 11

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