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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: Reporting and Interpreting Sales Revenue,receivables,and Cash
  5. Question
    Deposits in Transit Are Deducted from the Bank Balance When
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Deposits in Transit Are Deducted from the Bank Balance When

Question 120

Question 120

True/False

Deposits in transit are deducted from the bank balance when preparing the bank reconciliation.

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