act Pattern:

Listed below are four of a clients interbank cash transfers, indicated by the numbers 1, 2, 3, and 4, for late December and early in the following January. Your answer choice for each question should be selected from this list.

	Bank Account One		Bank Account Two
	Disbursing Date		Receiving Date
	(Month/Day)		(Month/Day)
	Per	Per	Per	Per
	Bank	Books	Bank	Books
1.	12/31	12/30	12/31	12/30
2.	1/2	12/30	12/31	12/31
3.	1/3	12/31	1/2	1/2
4.	1/3	12/31	1/2	12/31

Which of the cash transfers would appear as a deposit in transit on the December 31 bank reconciliation?

a) 1

b) 2

c) 3

d) 4