On April 30, the bank reconciliation of Frobisher Limited shows a deposit in transit of $2,874. A list of cash deposits recorded by the bank and the company in the month of May follows:

Instructions
(a) List the deposits intrans it at May 31.
(b) List other items that must be included in the bank reconciliation. Describe the impact of each on the reconciliation.

Transcribed Image Text:

FROBISHER LIMITED Bank Statement (partial) Amounts Added to Account (Credits) FROBISHER LIMITED Cash Account (partial) Deposits Made (debits) Date Description Amount Date Amount $4,510 6,436 1,908 3,062 3,784 May 1 Deposit 8 Deposit 15 Deposit 20 Deposit 25 EFT, collection from customer 2,596 29 Deposit $2,874 May 7 14 19 28 31 4,510 6,436 1,908 3,062