For July: 1. The June 30 bank reconciliation indicated that deposits in transit total $726. During July, the general ledger account C ash shows deposits of $16,530, but the bank statement indicates that only $15,920 in deposits were received during the month. 2. The June 30 bank reconciliation also reported outstanding checks of $691. During the month of July, Concord Company's books show that $17,530 of checks were issued, yet the bank statement shows that $16,840 of checks cleared the bank in July. For September: 3. In September, deposits per the bank statement totaled $26,210, deposits per the books were $27,380, and deposits in transit at September 30 were $3,070. 4. In September, cash disbursements per the books were $24,070, checks clearing the bank were $25,500, and outstanding checks at September 30 were $2.260 There were no bank debit or credit memoranda, and no errors were made by either the bank or Concord Company, Answer the following questions. (a) in situation (1), What were the deposits in transit at July 31 ? Deposits in transit at July 31$ (b) In situation (2); what were the outstanding checks at July 31 ? Outstanding checks at July 31$ (c) insitwation (31) what were the depositsintransit at Aueust 31 ? There were no bank debit or credit memoranda, and no errors were made by either the bank or Concord Company. Answer the following questions. (a) In situation (1), what were the deposits in transit at July 31 ? Deposits in transit at July 31 (b) In situation (2), what were the outstanding checks at July 31 ? Outstanding checks at July 31 (c) In situation (3), what were the deposits in transit at August 31? Deposits in transit at August 31$ (d) In situation (4), what were the outstanding checks at August 31 ? Outstanding checks at August 31