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In February, deposits per the bank statement totaled $40,400; deposits per books $39,900; and deposits in transit at February 28 were $4,900. 2. In February
In February, deposits per the bank statement totaled $40,400; deposits per books $39,900; and deposits in transit at February 28 were $4,900. | ||
2. | In February cash disbursements per books were $37,100; checks clearing the bank were $41,500, and outstanding checks at February 28 were $3,100. |
There were no bank debit or credit memoranda and no errors were made by either the bank or Crane Company.
What were the deposits in transit at January 31?
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