The accounting records of Abacus Supplies showed the following:
Outstanding cheques:
• The July 31 bank reconciliation reported outstanding cheques of $489. In the month of August, the Abacus accounting records showed that cheques in the amount of $14,089 were written. Total cheques that cleared the bank according to the bank statement were $13,089 in August.
• In September, cash payments from the accounting records were $19,349 and the total cheques that cleared the bank were $18,500.
Outstanding deposits:
• The July 31 bank reconciliation reported that deposits outstanding totalled $889. In August, the cash account (according to the ledger) showed deposits of $18,322, but the bank statement listed the total deposits of $17,322.
• In September, the bank statement listed deposits of $16,766 and the deposits recorded in the cash receipts journal totalled $15,667.
Required
1. What was the amount of outstanding cheques at August 31 and at September 30?
2. What was the amount of outstanding deposits at August 31 and at September 30?