Question: Quick, Easy oustanding checks problem! Please Rutgers Company deposits all receipts and makes all payments by check. The following information is available from the cash

Quick, Easy oustanding checks problem! Please

Rutgers Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MAY 31 BANK RECONCILIATION Inst (a) Calculate the amount of the June 30: 1. Deposits in transit 2. Outstanding checks (b) Compute the April 30 adjusted cash balance (show all work)

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