The following information was taken from the bank transfer schedule prepared during the audit of Fox Co s financial statements for the year ended December 31, 2006. Assume that all checks are dated and issued on December 30, 2006. Bank accounts Disbursement date Receipt date check per per per per no. from to books bank books bank 101 Ohio Michigan Dec 30 Jan 4 Dec 30 Jan 3 202 Lucas Ohio Jan 3 Jan 2 Dec 30 Dec 31 303 Kansas Texas Dec 31 Jan 3 Jan 2 Jan 2 404 Ohio Lucas Jan 2 Jan 2 Jan 2 Dec 31 Which of the following checks indicate items in transit? Answer a. 101 and 303 b. 202 and 303 c. 101 and 404 d. 202 and 404 e. None of the above