The cash records of Elston Company show the following:

1. The June 30 bank reconciliation indicated that deposits in transit totaled $390. During July,

the general ledger Cash account shows deposits of $9,600, but the bank statement indicates

that only $9,340 in deposits were received during the month.

2. The June 30 bank reconciliation also reported outstanding checks of $800. During July,

Elston Company books show that $11,670 of checks were issued, yet the bank statement

shows that $11,500 of checks cleared the bank in July.

There were no bank debit or credit memoranda and no errors were made by either the bank or

Elston Company.

Answer the following questions:

(a)What were the deposits in transit at July 31?

(b)What were the outstanding checks at July 31?