Question
When preparing a bank reconciliation, how should deposits in transit be adjusted? Choose one. A) Added to the balance per bank statement B) Added to
When preparing a bank reconciliation, how should deposits in transit be adjusted? Choose one. A) Added to the balance per bank statement B) Added to the balance per ledger C) Deducted from the balance per bank statement D) Deducted from the balance per books E) Disregarded in the bank reconciliation
please explain.
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Accounting A Smart Approach
Authors: Mary Carey, Cathy Knowles, Jane Towers-Clark
3rd Edition
0198745133, 978-0198745136
