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Incorrect Question 14 0/1 pts In preparing a bank reconciliation, outstanding deposits (a.k.a., deposits in transit) are added to the bank statement balance deducted from the bank statement balance deducted from the depositor's balance added to the depositor's balance Incorrect Question 15 0/1 pts The depositor would prepare journal entries relating to the bank reconciliation: to adjust the cash balance of the company's records for outstanding checks to adjust the balance of the bank statement for outstanding deposits (deposits in transit)