In a Bank Reconciliation,a Deposit in Transit Is

question 144

Multiple Choice

In a bank reconciliation,a deposit in transit is:

• A) added to the bank balance in the general ledger
• B) added to the bank balance on the bank statement
• C) deducted from the bank balance in the general ledger
• D) deducted from the bank balance on the bank statement

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Definitions:

Flowering Plants

are plants that produce flowers as their reproductive structures, where seeds are developed.

Petals

The colored parts of a flower that are often bright and noticeable, serving to attract pollinators.

Lactose Intolerance

A common digestive problem where the body is unable to digest lactose, a type of sugar mainly found in milk and dairy products.

Lactase Enzyme

is a protein that catalyzes the breakdown of lactose into glucose and galactose, primarily found in the small intestine.