What amount of deposits in transit appeared

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Reference no: EM131848999

Ramirez Company's April 30 bank reconciliation shows deposits in transit of $1,110. The Cash account in the general ledger shows April cash receipts of $17,400. The April bank statement shows deposits of $29,700.

Required:

What amount of deposits in transit appeared in the March 31 bank reconciliation?

Note: Assume that all deposits in transit from the previous month have cleared the bank by the end of the current month.

Reference no: EM131848999

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