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In a bank reconciliation, how should a deposit in transit of $500 be treated? Select...

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Accounting

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In a bank reconciliation, how should a deposit in transit of $500 be treated? Select one a $500 should be added to the book balance and journalized as a debit to cash. b. 5500 should be added to the book balance c.500 should be added to the bank balance. Od 5500 should be added to the bank balance and journalized as a debit to cash. Clear my choice Next page Part 2 Takehome MT G ENG 20/02 Jump to. 16C Guide 1

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