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Internal Control and Cash
?
The proper treatment of unrecorded deposits (deposits in transit) on a bank reconciliation is to show them as a(an)
addition per book balance of cash
deduction per book balance of cash
addition per bank statement balance
deduction per bank statement balance
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
addition per bank statement balance
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