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Question 31 Concord Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31

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Question 31 Concord Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $59.360 Add: Deposits in transit 4,704 Deduct: Outstanding checks (8,512) Balance per books $55.552 Month of April Results Balance April 30 April deposits April checks April note collected (not included in April deposits) April bank service charge April NSF check of a customer returned by the bank (recorded by bank as a charge) Per Bank Per Books $62,720 $61,600 29,880 31,360 24,864 22,400 6,720 2,395 Calculate the amount of the April 30: 1. Deposits in transit 2. Outstanding checks Click if you would like to show Work for this question: Open Show Work

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