answer the following problem, please show the solution, especially in how to get the amount of checks outstanding and amount of deposit in transit.

Problem 9-13 (PHILCPA Adapted) Jam Company prepared the following bank reconciliation on November 30: Balance per bank statement Deposits outstanding 2.100,090 Checks outstanding 300,060 30.000) Correct cash balance 2,370.000 Balance per book Bank service charge 2,372,000 2,000) Correct cash balance 2,370.000 December data Bank Book Checks recorded 2,300,000 2,360,000 Deposits recorded 1,620,000 1,800,000 Collection by bank, P400,000 note receivable plus interest 420,000 . NSF customer check returned 10,000 Balances 1,830,000 1,810,000 1. What is the amount of checks outstanding on December 31? a. 30,000 b. 90,000 C . 60,000 d. 0 2. What is the amount of deposits in transit on December 31? a. 480,000 b. 120,000 C. 180,000 d. 680,000 3. What is the adjusted cash in bank on December 31? a. 1,180,005 b. 2,220,000 c. 2,240,000 d. 2,780,000 295