When preparing a bank reconciliation, how should deposits in transit be adjusted? Choose one. A)...
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Accounting
When preparing a bank reconciliation, how should deposits in transit be adjusted? Choose one. A) Added to the balance per bank statement B) Added to the balance per ledger C) Deducted from the balance per bank statement D) Deducted from the balance per books E) Disregarded in the bank reconciliation
please explain.
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