Deposits in Transit

question 41

Multiple Choice

Deposits in transit:

• A) have been recorded by the company but not yet by the bank.
• B) have been recorded by the bank but not yet by the company.
• C) have not been recorded by the bank or the company.
• D) are customers' checks that have not yet been received by the company.

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Definitions:

Synthetic Steps

The individual and successive chemical reactions conducted to synthesize a desired compound, forming a part of an overall synthetic strategy.

Transformation

The alteration of a chemical compound into another compound through a chemical reaction.

Chromic Acid Test

A qualitative test used to distinguish primary and secondary alcohols by their oxidation to carboxylic acids or ketones, respectively.

Alcohols

Organic compounds featuring one or more hydroxyl (-OH) groups attached to a carbon atom.