Business
Business, 08.12.2021 23:30, deeboss177

From the bank reconciliation, no entry was recorded for deposits in transit. This would cause A. assets to be overstated.

B. no impact since deposits in transit are already included in the balance per books.

C. assets to be understated.

D. no impact since deposits aren't recorded on the books.

answer
Answers: 3

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From the bank reconciliation, no entry was recorded for deposits in transit. This would cause A. a...

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