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In the Reconciliation of a Bank Statement, Deposits in Transit

Question 21

Multiple Choice

In the reconciliation of a bank statement, deposits in transit should be


A) added to the unadjusted balance per the company's records.
B) subtracted from the unadjusted balance per the company's records.
C) added to the unadjusted bank statement balance.
D) subtracted from the unadjusted bank statement balance.

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