Business, 05.05.2020 20:11 FortniteB

Larkspur, Inc.'s bank statement from Main Street Bank at August 31, 2017, gives the following information. Balance, August 1 August deposits Checks cleared in August Bank credit memorandum: Interest earned $18,525 Bank debit memorandum: 71,125 Safety deposit box fee 68,603 Service charge Balance, August 31 120 $ 100 125 20,942 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,825; receipts $74,125; disbursements $73,495; and balance, August 31, $19,455. 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 $ e Textbook and Media List of Accounts

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Larkspur, Inc.'s bank statement from Main Street Bank at August 31, 2017, gives the following inform...

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