Question 17 (6 points) Using the following information, prepare a bank reconciliation for ABC Company for July 31, 20xx. a. The bank statement balance is $3,506. b. The cash account balance is $3,930 c. Outstanding checks totaled $1,285. d. Deposits in transit are $1,670. e. The bank service charge is $30. f. A check for $98 for supplies was recorded as $89 in the ledger How can we reconcile item #d ( deposits in transit)? Add to the book balance Add to the bank balance Deduct from book balance Deduct from bank balance