For each of the items below,explain how it would be handled in preparing a bank statement reconciliation and why it would be handled in that way.
(a)deposits in transit
(b)outstanding checks
(c)a check for $300 was erroneously recorded in the accounts as $500

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The Answer of For each of the items below,explain how it would be handled in preparing a bank statement reconciliation and why it would be handled in that way.
(a)deposits in transit
(b)outstanding checks
(c)a check for $300 was erroneously recorded in the accounts as $500

For Each of the Items Below,explain How It Would Be