All of the following will appear on the bank statement EXCEPT for:
A) Electronic funds transfers (EFT).
B) beginning and ending cash balance.
C) cash receipts and cash payments.
D) deposits in transit.

Question

Quizplus · Accepted Answer

Deposits in transit are transactions that have been recorded by the company but not yet reflected on the bank statement because they have not been processed by the bank at the time the statement is issued.

All of the Following Will Appear on the Bank Statement