(Solution Document) In the bank reconciliation there is reference to a deposit in transit of $1,000. It would show in the reconciliation as:


In the bank reconciliation there is reference to a deposit in transit of $1,000. It would show in the reconciliation as:

It shows both as a deduction and as an addition in the reconciliation

A deduction in the reconciliation (minus sign in front of the number)

An addition in the reconciliation (i.e., there is a plus sign in front of the number)

It doesn't show in the reconciliation. It comes from some other source.

None of the above

 







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