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 $18,361 On Deposit In The Bank. Ryan's Comparison Of The Bank Statement To Its Cash Account Revealed The Following: Deposit In Transit Outstanding Checks 1,450 837 3 042 Additionally, A $29 Check Wiitten And Recorded By

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18 201412 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 $18,361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit Outstanding checks 1,450 837 Additionally, a $29 check written and recorded by the company correctly was recorded by the bank as a $92 deduction. The adjusted cash balance per the bank records should be