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    Fundamentals of Financial Accounting Study Set 4
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    Exam 6: Internal Control, Cash, and Merchandise Sales
  5. Question
    Deposits in Transit
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Deposits in Transit

Question 77

Question 77

Multiple Choice

Deposits in transit:


A) have been recorded by the company but not yet by the bank.
B) have been recorded by the bank but not yet by the company.
C) have not been recorded by the bank or the company.
D) have been recorded by both the bank and the company.

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