The cash records of Bridgeport Company show the following: 1. In September, deposits per the bank statement totaled $36,840; deposits per books $38,040; and deposits in transit at September 30 were $4,940. 2. In September, cash disbursements per books were $35,640; checks clearing the bank were $38,940; and outstanding checks at September 30 were $3,040. There were no bank debit or credit memoranda and no errors were made by either the bank or Bridgeport Company. Answer the following questions: (a) Your answer is correct. What were the deposits in transit at August 31? Deposits in transit at August 31 $ 3.740 Attempts: 1 of 1 used (b) What were the outstanding checks at August 31? Outstanding checks at August 31 $