Which one of the statements below is true?

Which one of the statements below is true?

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https://zh.scribd.com/document/340327850/Uop-Tutorial

 

 Which one of the statements below is true? 






Both deposits in transit and outstanding checks are added to the balance per the bank statement during the bank reconciliation process. 


 


Deposits in transit are deducted from the balance per the bank statement, and outstanding checks are added to the balance per the bank statement during the bank reconciliation process. 


 


The deposits in transit are added to the balance per the bank statement, and outstanding checks are deducted from the balance per the bank statement during the bank reconciliation process. 


 


Both deposits in transit and outstanding checks are deducted from the balance per the bank statement during the bank reconciliation process. 

 
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