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Question 2 (1 point) Is it true that ALL deposits in transit should clear the following month? Yes No Question 3 (2 points) The cash

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Question 2 (1 point) Is it true that ALL deposits in transit should clear the following month? Yes No Question 3 (2 points) The cash account in the company's ledger is a(n) asset with a normal debit balance liability with a normal credit balance asset with a normal credit balance liability with a normal debit balance

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