FORMAT TO BE USED: Deposits in transit, beginning of the month Add: Deposit made per books Total amount that should have been deposited Less: Deposits shown in the bank statement Deposits in transit, end of the month
FORMAT TO BE USED: Deposits in transit, beginning of the month Add: Deposit made per books Total amount that should have been deposited Less: Deposits shown in the bank statement Deposits in transit, end of the month
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 2.4C
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Direction: Compute Deposits in Transit.
FORMAT TO BE USED:
Deposits in transit, beginning of the month | |
Add: Deposit made per books | |
Total amount that should have been deposited | |
Less: Deposits shown in the bank statement | |
Deposits in transit, end of the month |
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