CALCULATOR PRINTER VERSION BACK NEXT Question 1 Tamarisk, Inc.'s bank statement from Main Street Bank at August 31, 2022, gives the following information Balance, August 1 $18,660 Bank debit memorandum: August deposits 71,260 Safety deposit box fee $40 Checks cleared in August 68,663 Service charge 65 Bank credit memorandum: Balance, August 31 21,212 Interest earned A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,960; receipts $74,260; disbursements $73,555, and balance, August 31, $19,665. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,815 and outstanding checks of $4,515. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. (a) Determine deposits in transit. Deposits in transit Attempts: 0 of 5 used