What is the amount of the deposits in transit

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Reference no: EM13823163

The Cash account in the ledger of Clear Windows shows a balance of $12,951 at September 30. The bank statement, however, shows a balance of $16,453 at the same date. The only reconciling items consist of a bank service charge of $13, a large number of outstanding checks totaling $5,510, and a deposit in transit.

What is the adjusted cash balance in the September 30 bank reconciliation?

What is the amount of the deposits in transit?

Reference no: EM13823163

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