In preparing a bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement. True False
In preparing a bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement. True False
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 1TF
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