The following information applies to the questions below:
Listed below are four interbank cash transfers, indicated by the numbers 1, 2, 3, and 4, of a client for late December 2013 and early January 2014:
-Based on the schedule of interbank transfers above, which of the cash transfers would appear as a deposit in transit on the December 31, 2013 bank reconciliation?
Definitions:
Exponential Growth
A pattern of data that increases more rapidly in proportion to the growing total number, commonly seen in populations or investments.
Carrying Capacity
The maximum population size of a species that an environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.
Logistic Equation
A mathematical model used to describe the growth of populations under limiting conditions, showing a sigmoid curve.
Aggregated Distribution
A pattern of population distribution where individuals are clustered together in groups.
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