DE7-9 Compare Business Research. Inc.'s Cash account in Exhibit 7-5, page 275, with the bank statement that the company received in Exhibit 7-4, page 274. 1. Trace each cash receipt from the Cash account (Exhibit 7-51 to a deposit on the bank statement (Exhibit 7-4). Which deposit is in transit on January 31? Give its date and dol- lar amount. 2. Trace each Business Research check from the cash payments record in Exhibit 7-5 to the bank statement in Exhibit 7-4. List all outstanding checks by check number and dollar amount. 3. On which side of the bank reconciliation do deposits in transit and outstanding checks appear the bank side or the book side? Are they added or subtracted on the bank rec- onciliation?