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Pink Incorporated received its statement from Bennington State Bank for the month of September with an ending balance of $11,740.00. The ending balance of Pinks
Pink Incorporated received its statement from Bennington State Bank for the month of September with an ending balance of $11,740.00. The ending balance of Pinks cash account on the books is $12,938.00. Among other reconciling items, Pink identified a $6,900.00 deposit for September 30th was in transit as of the end of the month. How would this be reflected on the bank reconciliation?
A added to 'per bank' B deducted from 'per bank' C added to 'per books' D deducted from 'per books'
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