Homework answers / question archive / The following information is taken from the cash records of Blue Spruce Delivery Services: 1 2 3 4 The June cash receipts journal recorded $96,620 of deposits made in June

The following information is taken from the cash records of Blue Spruce Delivery Services: 1 2 3 4 The June cash receipts journal recorded $96,620 of deposits made in June

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The following information is taken from the cash records of Blue Spruce Delivery Services: 1 2 3 4 The June cash receipts journal recorded $96,620 of deposits made in June. The June bank statement showed total credits (deposits) of $92,800 in June. At May 31, the bank reconciliation showed deposits in transit of $3,360. The June bank statement shows an ending balance of $27.016. At May 31, the bank reconciliation showed outstanding cheques of $15,880. The June general ledger, after all adjusting entries have been made, show total cheques of $102,472. The June bank statement shows total cheques cleared of $ 103,600, 5 6 7 (a) Calculate the amount of deposits in transit at June 30. Deposits in transit, June 30