My Subscriptions / CoursesACCT 2101 A2 S2019 / Chapter 7 7 Chapter 7 Assignment CLICK...
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My Subscriptions / CoursesACCT 2101 A2 S2019 / Chapter 7 7 Chapter 7 Assignment CLICK HERE TO REVIEW LEARNING OBIECTIVES QUESTION 2 Not complete Marked out of 3.00P Flag question Bank Recontillition Components identify the requested amount in each of the following situations a. Munsing Company's May 31 bank reconciliation shows deposits in transit of $1,200. The general ledger Cash in Bank account shows total cash receipts during June of $55,600. The June bank statement shows total cash deposits of $54,300 (and no credit memos). What amount of deposits in transit should appear in the June 30 bank reconciliation? b. Sandusky Company's August 31 bank reconciliation shows outstanding checks of $1,900. The general ledger Cash in Bank account shows total cash disbursements (all by check) during September of $49,800. The September bank statement shows $49,200 of checks clearing the bank. What amount of outstanding checks should appear in the September 30 bank reconciliation? c. Fremont Corporation's March 31 bank reconciliation shows deposits in transit of $700. The general ledger Cash in Bank account shows total cash receipts during April of $41,000. The April bank statement shows total cash deposits of $37,100 (including $1,100 from the collection of a note; the note collection has not yet been recorded by Fremont). What amount of deposits in transit should appear in the April 30 bank reconciliation? 16 c. Fremont Corporation's March 31 bank reconciliation shows deposits ledger Cash in Bank account shows total cash receipts during April of shows total cash deposits of $37,100 (including $1,100 from the collec has not yet been recorded by Fremont). What amount of deposits in t bank reconciliation? a. b. $ C. $ Check Save Answers Previous page Coovright C 2019 Cambridge Business Publishers All Rights Reserved te 16


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