Indicate in which section of the Bank Reconciliation Statement the following reconciling items would appear.

-
A deposit in transit.

Name: Indicate in which section of the Bank Reconciliation Statement the following reconciling items would appear. - A deposit in transit.
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Question

Indicate in which section of the Bank Reconciliation Statement the following reconciling items would appear.

- 
A deposit in transit.

Quizplus · Accepted Answer

A deposit in transit is an amount recorded in a company's books but not yet reflected in its bank statement, typically because the deposit was made after the bank's cutoff time.

Indicate in Which Section of the Bank Reconciliation Statement the Following