Question: View Policies Current Attempt in Progress Marin Inc's bank statement from Main Street Bank at August 31, 2022, gives the following information Balance, August 1

 View Policies Current Attempt in Progress Marin Inc's bank statement from

View Policies Current Attempt in Progress Marin Inc's bank statement from Main Street Bank at August 31, 2022, gives the following information Balance, August 1 August deposits Checks cleared in August Bank credit memorandum: Interest earned $18,620 Bank debit memorandum: 71.220 Safety deposit box fee 65,648 Service charge Balance, August 31 75 $ 55 80 24,132 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,920; receipts $74,220; disbursements 573,540; and balance, August 31, $19,600. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4.830 and outstanding checks of $4,530. 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

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