Multiple Choice
A bank deposit made on June 30 did not appear on the June bank statement. In doing the June bank reconciliation, this deposit in transit should be
A) subtracted from the unadjusted book balance.
B) added to the unadjusted bank balance.
C) subtracted from the unadjusted bank balance.
D) added to the unadjusted book balance.
Correct Answer:
Verified
Correct Answer:
Verified
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