menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 31
  4. Exam
    Exam 7: Fraud, Internal Control and Cash
  5. Question
    On a Bank Reconciliation, Deposits in Transit Are
Solved

On a Bank Reconciliation, Deposits in Transit Are

Question 83

Question 83

Multiple Choice

On a bank reconciliation, deposits in transit are


A) added to the bank balance.
B) deducted from the bank balance.
C) added to the book balance.
D) deducted from the book balance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q78: A deposit made by a company will

Q79: Cash equivalents could include each of the

Q80: When two or more people get together

Q81: At June 30, Mareska Company has the

Q82: In preparing its bank reconciliation for the

Q84: Which of the following is not one

Q85: A petty cash fund is generally established

Q86: A deposit ticket is a negotiable instrument

Q87: All of the following are parties to

Q88: If a check correctly written and paid

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines