Required information PA5-3 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 December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Checks Deposits Other Date Dec. 1 6 11 17 23 26 30 31 31 $ 7.620 550 $28,000 13,900 36,000 960 19,200 19,000 Balance $ 48,000 40,380 67,830 53,930 89,930 88,970 88,470 88,520 88,370 NSP. Interest earned Service charge $300 50 150 NSF check from J. Left, a customer. Cash (1) 48,000 Dec. 1 Balance Deposits Dec. 11 23 30 31 28.000 36,000 19,000 13,000 Checks writton during December 7,620 550 13,900 960 150 19,200 4,500 Dec 31 Balance 97.120 There were no deposits in transit or outstanding checks at November 30. Required information 1. Identity and list the deposits in transit at the end or December. (Select all that apply.) KOU Answer is complete but not entirely correct. $28,000 $36,000 $19,000 $13,000 2. Identify and list the outstanding checks at the end of December. (Select all that apply.) Answer is complete but not entirely correct. ODOS $7,620 $550 $13,900 $960 $150 $19,2008