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On April 30, the bank reconciliation of Cullumber Company shows a deposit in transit of $1421. The May bank statement and the general ledger Cash

On April 30, the bank reconciliation of Cullumber Company shows a deposit in transit of $1421. The May bank statement and the general ledger Cash account in May show the following:

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On April 30 , the bank reconciliation of Cullumber Company shows a deposit in transit of $1,421. The May bank statement and the general ledger Cash account in May show the following: Additional information: Additional information: 1. The bank did not make any errors in May. 2. EFT is an electronic online payment from a customer. (a) Calculate the deposits in transit at May 31. Deposits in transit at May 31

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