The following information is taken from the cash records of Blue Spruce Delivery Services: The June...

  

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The following information is taken from the cash records of Blue Spruce Delivery Services: The June cash receipts journal recorded $96,620 of deposits made in June. The June bank statement showed total credits (deposits) of $92,800 in June. At May 31, the bank reconciliation showed deposits in transit of $3,360. The June bank statement shows an ending balance of $27,016. At May 31, the bank reconciliation showed outstanding cheques of $15,880. The June general ledger, after all adjusting entries have been made, show total cheques of $102,472. The June bank statement shows total cheques cleared of $103,600. 1 2 3 4 5 6 7 Your answer is correct. Calculate the amount of deposits in transit at June 30. (b) Deposits in transit, June 30 eTextbook and Media Calculate the amount of outstanding cheques at June 30. Outstanding cheques, June 30 7180 $ Attempts: 1 of 3 used The following information is taken from the cash records of Blue Spruce Delivery Services: The June cash receipts journal recorded $96,620 of deposits made in June. The June bank statement showed total credits (deposits) of $92,800 in June. At May 31, the bank reconciliation showed deposits in transit of $3,360. The June bank statement shows an ending balance of $27,016. At May 31, the bank reconciliation showed outstanding cheques of $15,880. The June general ledger, after all adjusting entries have been made, show total cheques of $102,472. The June bank statement shows total cheques cleared of $103,600. 1 2 3 4 5 6 7 Your answer is correct. Calculate the amount of deposits in transit at June 30. (b) Deposits in transit, June 30 eTextbook and Media Calculate the amount of outstanding cheques at June 30. Outstanding cheques, June 30 7180 $ Attempts: 1 of 3 used

Answer rating: 100% (QA)

a Calculation of the deposit in transit on June 30 The June cash receipts journal recorded 96620 of ... View the full answer