How Would Deposits in Transit Be Dealt with in a Bank

question 25

Multiple Choice

How would deposits in transit be dealt with in a bank reconciliation?

• A)added to company's book balance
• B)deducted from company's book balance
• C)added to bank statement balance
• D)deducted from bank statement balance

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Definitions:

Picoeconomics

A branch of economic theory that explores the decision-making processes within an individual, particularly conflicts among different interests over time.

Future Benefits

Anticipated advantageous outcomes derived from current actions or investments.

Job Satisfaction

The level of contentment employees feel about their work, which can affect performance, productivity, and turnover.

Motivation

The general desire or willingness of someone to do something.