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King Company's April 30 bank reconciliation shows deposits in transit of $690. The Cash account in the general ledger shows April cash receipts of $20,400.

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King Company's April 30 bank reconciliation shows deposits in transit of $690. The Cash account in the general ledger shows April cash receipts of $20,400. The April bank statement shows deposits of $23,900 Required: What amount of deposits in transit appeared in the March 31 bank reconciliation? Note: Assume that all deposits in transit from the previous month have cleared the bank by the end of the current month. Deposits in Transit Clear Undo Help

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