X NWP Assessment Player Ul App X NWP Assessment Player Ul App X + ment-player/index.html?launchld=aebf6c17-7c4a-400f-8ed4-d2f1b4680dba#/question/5 Question 6 of 8 < < Marin Inc's bank statement from Main Street Bank at August 31, 2022, gives the following information. Balance, August 1 $18,685 Bank debit memorandum: August deposits 71,285 Checks cleared in August 68,603 Bank credit memorandum: Safety deposit box fee Service charge Balance, August 31 $100 125 21,262 Interest earned 120 -/1 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,985; receipts $74,285: disbursements $73,495; and balance, August 31, $19.775. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,875 and outstanding checks of $4,575. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. Determine deposits in transit. Deposits in transit $ C eTextbook and Media List of Accounts Determine outstanding checks. (Hint: You need to correct disbursements for the check error.) Outstanding checks