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Deposits in transit are deposits recorded in the cash account in one period but not received by the bank until the next period. True of
Deposits in transit are deposits recorded in the cash account in one period but not received by the bank until the next period. True of false
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
5th edition
978-0077924379, 77924371, 978-0078025396, 78025397, 978-0077425654, 77425650, 978-0077667061
