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  3. the term deposits in transit refer to: a. deposits

The term deposits in transit refer to: a. Deposits that have left the organization and...

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Question

Accounting

The term deposits in transit refer to:

a.

Deposits that have left the organization and are on their way to the bank

b.

Deposits that were made after the bank statement was mailed

c.

Funds that have been wired but not yet received

d.

The individual who is transporting the deposits to the bank

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