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questions:
The cash records of Pronghorn Company show the following four situations. 1. The June 30 bank reconciliation indicated that deposits in transit total $2,240. Durin 2. The June 30 bank reconciliation also reported outstanding checks of $1,380. During 3. In September, deposits per the bank statement totaled $40,230, deposits per books V 4. In September, cash disbursements per books were $36,680, checks clearing the bank There were no bank debit or credit memoranda. No errors were made by either the bank or Pronghorn Company. Answer the following questions. The cash records of Pronghorn Company show the following four situations. 40. During July the general ledger account Cash shows deposits of $23,880, but the bank sta D. During the month of July, Pronghorn Company books show that $26,060 of checks were is: er books were $38,230, and deposits in transit at September 30 were $3,030. ; the bank were $37,630, and outstanding checks at September 30 were $3,330. There were no bank debit or credit memoranda. No errors were made by either the bank or Pronghorn Company. Answer the following questions. Current Attempt in Progress The cash records of Pronghorn Company show the following four situations. : bank statement indicates that only $23,660 in deposits were received during the month. is were issued. The bank statement showed that $24,860 of checks cleared the bank in July. There were no bank debit or credit memoranda. No errors were made by either the bank or Pronghorn Company. Answer the following questions. In situation (1), what were the deposits in transit at July 31 ? In situation (2), what were the outstanding checks at July 31 ? Outstanding checks at July 31 eTextbook and Media In situation (3), what were the deposits in transit at August 31 ? In situation (4), what were the outstanding checks at August 31? Outstanding checks at August 31 $