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LeBaron Corporations identified deposits in transit (outstanding deposits) of $7,412in preparing to do its bank reconciliation. When doing the bank reconciliation, what should LeBaron do

LeBaron Corporations identified deposits in transit (outstanding deposits) of $7,412in preparing to do its bank reconciliation. When doing the bank reconciliation, what should LeBaron do with the deposits in transit?

Question 6 options:

Add the deposits in transit to their cash balance.

Add the deposits in transit to the bank balance.

Subtract the deposits in transit from the bank balance.

Subtract the deposits in transit from their cash balanc

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