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Bank Reconciliation Components Identify the requested amount in each of the following situations: L Munsing Company's May 31 bank reconciliation shows deposits in transit of

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Bank Reconciliation Components Identify the requested amount in each of the following situations: L Munsing Company's May 31 bank reconciliation shows deposits in transit of $1,200. The gen- eral ledger Cash in Bank account shows total cash receipts during June of $55.600. The June bank statemen shows total cash deposits of $54,300 (and no credit memos). What amount of deposits in transit should appear in the June 30 bank reconciliation? Sandusky Compeny's August 31 bank reconciliation shows outstanding checks of $1,900. The general ledger Cash in Bank account shows total cash disbursements (all by check) during Sep- tember of $49,800. The September bank statement shows $49,200 of checks clearing the bank. What amount of outstanding checks should appear in the September 30 bank reconciliation? Fremont Corporation's March 31 bank reconciliation shows deposits in transit of $700. The general ledger Cash in Bank account shows total cash receipts during April of $41,000. The April bank statement shows total cash deposits of $37,100 (including $1,100 from the col- lection of a note: the note collection has not yet been recorded by Fremont). What amount of deposits in transit should appear in the April 30 bank reconciliation? . 2

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