Current Attempt in Progress Martinez Corp. deposits all receipts intact and makes all payments by cheque. The following information is available from the cash records: Balance per books Determine the amount of deposits in transit and outstanding cheques at May 31. Keep in mind the time lag between deposits and cheques being recorded in the books and when they are recorded by the bank. Deposits in transit, May 31 Outstanding cheques, May 31 eTextbook and Media Attempts: 1 of 5 used Prepare a May 31 bank reconciliation showing balance per bank statement and balance per books and correct cash balance. (List ftems that increase bolance as per bank \& books first.) $ $ eTextbook and Media List of Accounts