In the reconciliation of a bank statement, "deposits in transit" should be:
A) added to the unadjusted book balance
B) subtracted from the unadjusted bank balance
C) added to the unadjusted bank balance
D) subtracted from the unadjusted bank balance

Question

Quizplus · Accepted Answer

The Answer of In the reconciliation of a bank statement, "deposits in transit" should be:
A) added to the unadjusted book balance
B) subtracted from the unadjusted bank balance
C) added to the unadjusted bank balance
D) subtracted from the unadjusted bank balance

In the Reconciliation of a Bank Statement, "Deposits in Transit