At March $31,$ ABC Company has the following information: cash balance per bank $$4800,$ cash balance per books $$5400,$ deposits in transit $$900,$ and Outstanding checks $$300.$ Prepare the adjusting entries at March $31.$

Select one:

a$.$

Cash $300$

Accounts Payable $300$

b$.$

Accounts Payable $300$

Cash $300$

c$.$

Cash $300$

Accounts Receivable $300$

d$.$ All answers are false

e$.$

Accounts Receivable $300$

Cash $300$