Identify the requested amount in each of the following situations: a. Munsing Company's May 31 bank...

 

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Identify the requested amount in each of the following situations: a. Munsing Company's May 31 bank reconciliation shows deposits in transit of $3,500. The general ledger Cash account shows total cash receipts during June of $143,250. The June bank statement shows total cash deposits of $139,750. What amount of deposits in transit should appear in the June 30 bank reconciliation? $ 0 b. Sandusky Company's August 31 bank reconciliation shows outstanding checks of $5,250. The general ledger Cash account shows total cash disbursements (all by check) during September of $125,750. The September bank statement shows $123,000 of checks clearing the bank. What amount of outstanding checks should appear in the September 30 bank reconciliation? $ 0 c. Fremont Corporation's March 31 bank reconciliation shows deposits in transit of $2,000. The general ledger Cash account shows total cash receipts during April of $95,000. The April bank statement shows total cash deposits of $92,750 (including $3,250 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? $ 0 Identify the requested amount in each of the following situations: a. Munsing Company's May 31 bank reconciliation shows deposits in transit of $3,500. The general ledger Cash account shows total cash receipts during June of $143,250. The June bank statement shows total cash deposits of $139,750. What amount of deposits in transit should appear in the June 30 bank reconciliation? $ 0 b. Sandusky Company's August 31 bank reconciliation shows outstanding checks of $5,250. The general ledger Cash account shows total cash disbursements (all by check) during September of $125,750. The September bank statement shows $123,000 of checks clearing the bank. What amount of outstanding checks should appear in the September 30 bank reconciliation? $ 0 c. Fremont Corporation's March 31 bank reconciliation shows deposits in transit of $2,000. The general ledger Cash account shows total cash receipts during April of $95,000. The April bank statement shows total cash deposits of $92,750 (including $3,250 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? $ 0

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