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    Exam 6: Merchandising Operations and the Multistep Income Statement
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    Deposits in Transit That Appear on a Bank Reconciliation Are
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Deposits in Transit That Appear on a Bank Reconciliation Are

Question 70

Question 70

True/False

Deposits in transit that appear on a bank reconciliation are those deposits that were made during the current month but which were not included by the bank on the current bank statement.

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