Question 1 View Policies Current Attempt in Progress The cash records of Sunland Company show the following For July 1. The June 30 bank reconciliation indicated that deposits in transit total $700. During July, the p er leder account Cash shows deposits of $18.870but the bank statement indicates that only $15.810 in deposits were received during the month 2. The June 30 bank reconciliation also reported outstanding checks of $910. During the month of July, Sunland Company books show that $17,980 of checks were issued yet the bank statement showed that $16,310 of checks deared the bank in July For September 3. In September, deposits per bank statement totaled $26.740, deposits per books were $25,680, and deposits in transitat September 30 were $2,940 4 in September,cash disbursements per books were $23,300, checks clearing the bank were $24,180, and outstanding checks at September 30 were $2.100 There were no bank debitor credit memoranda, and no errors were made by either the bank or Sunland Company Answer the following questions la) in situation 1. what were the deposits in transitat July 31? The deposits in transitat July 31 $ There were no bank debitor credit memoranda, and no errors were made by either the bank or Sunland Company Answer the following questions. (a) In situation 1, what were the deposits in transit at July 31? The deposits in transit at July 31 $ (b) In situation 2, what were the outstanding checks at July 31? The outstanding checks at July 31 $ (c) In situation 3, what were the deposits in transit at August 31? The deposits in transit at August 31 $ (d) In situation 4, what were the outstanding checks at August 31? The outstanding checks at August 31 $