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The following information is taken from the cash records of Bramble Delivery Services: 1 2. 3 4 The June cash receipts journal recorded $96,520 of
The following information is taken from the cash records of Bramble Delivery Services: 1 2. 3 4 The June cash receipts journal recorded $96,520 of deposits made in June. The June bank statement showed total credits (deposits) of $92,700 in June. At May 31, the bank reconciliation showed deposits in transit of $3,350. The June bank statement shows an ending balance of $27.116. At May 31, the bank reconciliation showed outstanding cheques of $15,980. The June general ledger, after all adjusting entries have been made, show total cheques of $102.422. The June bank statement shows total cheques cleared of $ 103,550. 5 6 7 (a) Calculate the amount of deposits in transit at June 30. Deposits in transit, June 30 w $
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