In a bank reconciliation, deposits in transit should be: a. Deducted from the balance per books. b.

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In a bank reconciliation, deposits in transit should be:

a. Deducted from the balance per books.

b. Deducted from the balance per bank statement.

c. Added to the balance per ledger.

d. Added to the balance per bank statement.

e. Disregarded in the bank reconciliation.

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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Question Posted: Jun 16, 2024 04:14 AM

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In a bank reconciliation, deposits in transit should be: a. Deducted from the balance per books. b.

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Financial Accounting A Business Perspective

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