The cash records of Wildhorse Inc. show the following situations:

Deposits in transit:

Exercise 7 - 7 The cash records of Wildhorse Inc . Show the following situations :" Deposits in transit :` 1 . The June 30 bank reconciliation indicated that deposits in transit total $ 1 , 210 . During July , the general ledger account Cash shows deposits of $ 14 , 750 , but the bank statement indicates that $ 15 , 800 in deposits were received during the month . 2 . In August , deposits per bank statement totalled $ 22 , 640 and deposits per book's were $ 23 , 070 . Outstanding cheques :" 1 . The June 30 bank reconciliation reported outstanding cheques of $520 . During July , the Wildhorse books showed that $ 18 , 390 of cheques were issued . The bank statement showed that $ 17 , 340 of cheques cleared the bank in July . 2 . In August , cheques issued were $ 22 , 820 and cheques clearing the bank were $ 23 , 670 . What were the deposits in transit at July 31 and at August 31 ?) July 3 1 August 31 Deposit in transit\\ What were the outstanding cheques at July 31 and at August 31 ? July 31 August 31 Outstanding cheques\\ \\5