Question
How should a deposit in transit be treated on a bank reconciliation? 1, Addition to the book balance 2, Deduction from the book balance 3,
How should a deposit in transit be treated on a bank reconciliation?
| 1, | Addition to the book balance | |
| 2, | Deduction from the book balance | |
| 3, | Addition to the bank statement balance | |
| 4, | Deduction from the bank statement balance | |
| 5, | None of the above |
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The ASQ Auditing Handbook
Authors: J. P. Russell
3rd Edition
0873896661, 978-0873896665
