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c? The following information is taken from the cash records of Blue Spruce Delivery Services: 1 2 3 4 The June cash receipts journal recorded
c? The following information is taken from the cash records of Blue Spruce Delivery Services: 1 2 3 4 The June cash receipts journal recorded $96,620 of deposits made in June. The June bank statement showed total credits (deposits) of $92,800 in June. At May 31, the bank reconciliation showed deposits in transit of $3,360. The June bank statement shows an ending balance of $27,016. At May 31, the bank reconciliation showed outstanding cheques of $15,880. The June general ledger, after all adjusting entries have been made, show total cheques of $102,472. The June bank statement shows total cheques cleared of $103,600. 5 6 7 (a) Your answer is correct Calculate the amount of deposits in transit at June 30. Deposits in transit, June 30 $ 7180 b (b) Your answer is correct. Calculate the amount of outstanding cheques at June 30. Outstanding cheques, June 30 $ 14752 e Textbook and Media Attempts: 1 of 3 used (c) Assuming that the bank has made no errors calculate the ending general ledger balance after all June adjustments have been made. Adjusted balance $
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