In a Bank Reconciliation,a Deposit in Transit Will Be Shown

question 91

True/False

In a bank reconciliation,a deposit in transit will be shown on the bank side of the reconciliation.

---

Definitions:

Other Goods

Refers to products or commodities that are considered as alternatives or options aside from the primary goods under consideration.

Competitive Rate

A pricing strategy often used by businesses to match or beat the prices offered by competitors in the market.