Crane Inc.'s bank statement from Western Bank at August 31, 2022, shows the following information. Balance, August 1 $13,448 August deposits 59,860 Cheques cleared in August (56,316) Bank credit for interest earned not yet accrued 45 Bank debit for safety deposit box fee (25) Bank service charge Balance, August 31 (50) $16,962 A summary of the Cash account in the ledger for August shows the following: Reconciled cash balance, August 1, $13,858; cash receipts deposited $63,140; cheque disbursements $60,327; and unreconciled cash balance, August 31, $16,671. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,100 and outstanding cheques of $3,690. In addition, you determine that there was an error involving a company cheque drawn in August: A cheque for $400 payable to a supplier on account that cleared the bank in August was journalized and posted for $40. Calculate deposits in transit at August 31. Deposits in transit List of Accounts $ Calculate the amount of outstanding cheques at August 31. (Hint: You need to correct disbursements for any cheque error.) Outstanding cheques $ Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) CRANE INC. Bank Reconciliation > > > SA 6A $ $ Prepare the journal entries to be made by Crane Inc. at August 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Aug. 31 Debit Credit 31 31 31 (To record interest earned) (To record bank service charge) (To correct error in recording cheque) (To record safety deposit box fee)