A Deposit in Transit on Last Month's Bank Reconciliation Is

Multiple Choice

A deposit in transit on last month's bank reconciliation is shown as a deposit on the bank statement this month.As a result,in preparing this period's reconciliation,the amount of this deposit should:

A) be added to the book balance of cash.
B) be deducted from the book balance of cash.
C) be added to the bank balance of cash.
D) not be included as a reconciling item.