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

Accounting Mcqs

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

Submitted By :Ali Uppal

---

Share this...

Facebook

Twitter

Linkedin

Whatsapp

---

IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

---

Related Mcqs

• Previous:Bank reconciliation statement is the comparison of a bank statement (sent by bank) with the _________ (prepared by business).
• Next:Unpresented checks also referred as____________?

---

Leave a Reply

Your email address will not be published. Required fields are marked *