= -73 View Policies Current Attempt in Progress Wildhorse Inc's bank statement from Western Bank at August 31, 2022 shows the following information Balance August 1 August deposits Cheques cleared in August Bank credit for interest earned not yet accrued Bank debit for safety deposit box fee Bank service charge Balance, August 31 $16,400 73,000 (68,682) 45 (25) (50) $20,688 A summary of the Cash account in the ledger for August shows the following: Reconciled cash balance August 1.516,900 cash receipts deposited $77,000: cheque disbursements $73,566; and unreconciled cash balance, August 31. $20,334. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $5,000 and outstanding cheques of $4.500. In addition, you determine that there was an error involving a company cheque drawn in August. A cheque for $400 payable to a supplier on account that cleared the bank in August was journalized and posted for $40. (a) Calculate deposits in transit at August 31. Question 1 of 4 -13 E (a) Calculate deposits in transit at August 31. Deposits in transit $ e Textbook and Media List of Accounts Attempts: 0 of 15 used Submit Answer Save for Later (b) The parts of this question must be completed in order. This part will be available when you complete the part above