Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows $26.1 on deposit in the bank Ryan's comparison of the bank statement tots cash account revealed the following 3,150 Deposit in transit Outstanding checks Additionally a $39 check witten and recorded by the company correctly was recorded by the bank as a $93 deduction The adjusted cash balance per the bank records should be Metople Choice $32,400