• When preparing the bank reconciliation, a "deposit in transit" represents
• 
  
• a. a deposit that is recorded on the accounting records of the business, but is not yet recorded on the business's bank statement.
• b. an addition to the bank balance amount
• c. a timing difference that does not require a journal entry
• d. all of the above

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Answer Answer d all of the above When p... View the full answer