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Bunk reconcilation items The accounting records of Abacus Supplies showed the following Outstanding cheques Sp 30, 52, 338The July 31 bank reconciliation reported outstanding cheques

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Bunk reconcilation items The accounting records of Abacus Supplies showed the following Outstanding cheques Sp 30, 52, 338The July 31 bank reconciliation reported outstanding cheques of s489. In the month of August, the Abacus accounting records showed that cheques in the amount of $14,089 were written. Total cheques that cleared the bank according to the bank statement were $13,089 in August In September, cash payments from the account cheques that cleared the bank were $18,500 Outstanding deposits The July 31 bank reconciliation reported that deposits outstanding totalled $889. In August, the cash account (according to the ledger) showed deposits of $18,322, but the bank statement listed the total deposits of $17,322 In September, the bank statement listed deposits of $16,766 and the deposits recorded in the cash receipts journal totalled $15,667 Required 1. What was the amount of outstanding cheques at August 31 and at September 307 2 What was the amount of outstanding deposits at August 31 and at September 307

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