Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

In the Bank reconciliation statement “Deposit in transit” is usually:

/ Accounting MCQs / Q&A, Bank reconciliation statement MCQs / By
In the Bank reconciliation statement “Deposit in transit” is usually:

A. Subtracted from bank balance
B. Added to bank balance
C. Added to Cash book balance
D. Subtracted from cash book balance