The cash account for Pitt Corporation contains the following information for June:

Cash balance, 5/31 ........................................ $18,130

Cash received during June ................................. 42,650

................................................................$60,780

Cash disbursements during June:

Check 8255........................................ $17,850

Check 8256.......................................... 22,375

Check 8257........................................... 9,620

Check 8258........................................... 2,735.... 52,580

Cash balance, 6/30............................................. $ 8,200

The bank statement for April contains the following information:

Bank balance, 5/31 ............................................................... $34,525

Add: Deposits during June ....................................................... 42,650

............................................. ......................................... $77,175

Less: Checks paid during June:

Check 8253 ............................................. $ 1,720

Check 8254 ............................................. 14,675

Check 8255 ............................................. 17,850

Check 8256 ............................................. 22,375 ........... 56,620

Bank balance, 6/30 ........................................................ $20,555

Required:

Assuming there were no deposits in transit at May 31 and that all outstanding checks at May 31 cleared during June, do the following:

1. Identify the outstanding checks at June 30.

2. Prepare the reconciliation of the bank and cash account balances at June 30.

3. Identify the outstanding checks at May 31.

4. Prepare the reconciliation of the bank and cash account balances at May 31.

5. Why could you not perform the bank reconciliations without knowing that there were no deposits in transit on May 31 and that all outstanding checks at May 31 cleared during June?