Required information [The following information applies to the questions displayed below.] The August, current year, bank statement for Allison Company and the August, current year, ledger account for cash follow: t Bank service charge. tBank service charge. Outstanding checks at the end of July were for $280,$435, and $380. No deposits were in transit at the end of July. equired: Compute the deposits in transit at the end of August by comparing the deposits on the bank statement to the deposits listed on the ash ledger account