Required Information CP5-3 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 August bank statement and cash T-account for Martha Company follow: BANK STATEMENT Date Aug. Checks Deposits Other 1 Balance $14,890 2 $ 180 14,710 3 $10,200 24,910 4 280 24,630 5 190 24,440 9 650 23,790 10 190 23,600 15 3,400 27,000 21 280 26,720 24 17,300 9,420 25 6,100 15,520 30 680 14,840 30 31 Interest earned. Service charge $20 14,860 10 14,850 Cash (A) Aug. 1 Balance 14,890 Deposits Checks written Aug. 2 10,200 180 Aug. 1 12 3,400 280 2 24 6,100 190 3 31 4,400 190 4 650 5 230 15 370 17 680 18 280 19 17,300 23 Aug. 31 Balance 18,640 No deposits were in transit and no checks were outstanding at the end of July.