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Deposits in transit shown on the company's bank reconciliation for June: Multiple Choice a. are shown in both sections of the June reconciliation b. are

Deposits in transit shown on the company's bank reconciliation for June:

Multiple Choice

a. are shown in both sections of the June reconciliation

b. are shown as increases to the general ledger cash account in the bank reconciliation

c. are not reconciling items on the June bank reconciliation

d. are shown as decreases to the bank balance in the bank reconciliation

e. None of the other alternatives are correct

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