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Required information PA5-3 (Algo) Identifying Outstanding Checks and Deposits in Transit and preparing a Bank Reconciliation and Journal Entries [LO 5-4, LO 5-5) [The following information applies to the questions displayed below.) The December bank statement and cash T-account for Stewart Company follow: 1 of 4 00:55:39 BANK STATEMENT Date Checks Deposits Other December 1 December 6 $ 7,570 December 11 500 $ 27,000 December 17 11,400 December 23 35,000 December 26 500 December 30 15,700 18,000 NSP December 31 Interest earned December 31 Service charge *NSE check from J. Left, a customer eBook Balance $ 42,000 34,430 60,930 49,530 84,530 84,030 86,080 86,125 86,025 Print $ 250 45 100 erences Cash (1) December 1 Debit Balance 42,000 Deposits December 12 December 23 December 30 December 31 27,000 35,000 18,000 12,000 Credit Checks written during December 7.570 500 11,400 500 100 15,700 1ER December 31 December 31 NSF check from J. Left, a customer. Interest earned Service charge 45 100 86,125 86,025 . Cash (A) Debit Balance Credit December 1 42,900 Deposits December 11 December 23 December 30 December 31 27,000 35,000 18.000 12,000 Checks written during December: 7.570 500 11,400 500 100 15,700 4,950 December 31/ Balance 93,280 There were no deposits in transit or outstanding checks at November 30. PA5-3 (Algo) Part 1 and 2 Required: 1. Identify and list the deposits in transit at the end of December (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) $27,000 PA5-3 (Algo) Part 1 and 2 Required: 1. Identify and list the deposits in transit at the end of December. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) $27,000 $35,000 $18,000 $12,000 2. Identify and list the outstanding checks at the end of December (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) $7,570 2. Identify and list the outstanding checks at the end of December. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) $7,570 2 5500 $11,400 ? $100 $15.700 ? $4.950