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All three of these questions use the same information given in the first picture.

Kingbird, Inc.'s bank statement from Main Street Bank at August 31, 2017, gives the following information Balance, August 1 August deposits Checks cleared in August Bank credit memorandum $18,780 71,380 68,638 Bank debit memorandum: Safety deposit box fee Service charge Balance, August 31 65 90 21,452 Interest earned 85 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $19,080; receipts $74,380; disbursements $73,530; and blance, August 31, $19,930. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,840 and outstanding checks of $4,540. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40 Determine deposits in transit. Deposits in transit SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS Determine outstanding checks. (Hint: You need to correct disbursements for the check error) Outstanding checks s SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS