What is a deposit in transit?
What will be an ideal response?
A deposit in transit is a deposit that has been recorded on the books of the company, but has not been recorded by the bank. Deposits in transit are caused by timing differences in the recording process of the company and the bank.
Deposits in transit are added to the unadjusted bank balance on a bank reconciliation.
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Customers can create a set of preference curve, by examining how customers make trade-offs when choosing among various combinations of price and benefits, using ________
A) conjoint analysis B) regression analysis C) an empathic design D) a focus group E) the relative performance index
The North American Industry Classification System includes all three NAFTA partners.
Answer the following statement true (T) or false (F)
Three basic factors that determine which sources of short-term financing a firm uses are the
effective cost of financing, the availability of credit, and the influence of the use of a particular credit source on the cost and availability of other sources of financing. Indicate whether the statement is true or false
Revenues of internal service funds should be recognized only when they are expected to be available in time to pay current liabilities of the fund.
Answer the following statement true (T) or false (F)