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Question 3 2 pts The amount of deposits in transit is included on the bank reconciliation as a(n) deduction from the balance per the company's
Question 3 2 pts The amount of deposits in transit is included on the bank reconciliation as a(n) deduction from the balance per the company's books addition to the balance per bank statement deduction from the balance per bank statement addition to the balance per company books 2 pts Question 4 Accompanying the bank statement was a debit memo for an NSF check received from a customer. What journal entry is required in the company's accounts? debit Accounts Receivable; credit Cash debit Other Income; credit Cash debit Cash; credit Other Income debit Cash; credit Accounts Receivable
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