Matson Company's bank statement as of August 31, 1999, shows total deposits into the company's account of
Question:
Matson Company's bank statement as of August 31, 1999, shows total deposits into the company's account of \(\$ 15,000\) and a total of 14 separate deposits. On July 31, deposits of \(\$ 410\) and \(\$ 330\) were in transit. The total cash receipts for August were \(\$ 19,000\), and the company's records show 13 deposits made in August. What is the amount of deposits in transit at August 31?
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Related Book For 
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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