ABC Company received and deposited the following checks for the month of May (first month of operations): UBP#240116 - Php. 56,840 BPI#100345 Php. 44,100 BDO#450001 - Php. 21,780 MBTC#609281 - Php. 33,320 CITI#005048 - Php. 68,600 - The bank statement for the month showed that only checks from UBP, BPI, BDO, and MBTC cleared the bank. What amount of deposits in transit should appear in ABC's May bank reconciliation? 4

ABC Company received and deposited the following checks for the month of May (first month of operations): UBP\#240116 - Php. 56,840 BPI\#100345 - Php. 44,100 BDO\#450001 - Php. 21,780 MBTC\#609281 - Php. 33,320 CITI\#005048 - Php. 68,600 The bank statement for the month showed that only checks from UBP, BPI, BDO, and MBTC cleared the bank. What amount of deposits in transit should appear in ABC's May bank reconciliation