In a bank reconciliation, a deposit in transit is:

Name: In a bank reconciliation, a deposit in transit is:
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A deposit in transit is a deposit that has been made but has not yet been recorded by the bank on the bank statement. Therefore, it should be added to the bank balance on the bank statement to reflect the true balance. It should not be deducted from the bank balance on the bank statement or from the bank balance in the general ledger, as that would result in an incorrect balance.

In a Bank Reconciliation, a Deposit in Transit Is