Answer:
I can't post the link i found to answer the question so if u look this up u will find the answer
Explanation:
If a bank reconciliation included a deposit in transit of $765 the company's journal entry for this reconciling item would contain nothing because the deposit has already been tracked and recorded. The complete question can be seen in attachment.
Bank reconciliation can be described as the process of comparing data on cash books with the corresponding data on the bank statements. It is a important process for the CFO's office and ensures the accuracy of accounting records. Reconciliation also says the process of matching transactions that have been recorded internally against monthly statements from external sources such as banks to see if there are differences in the records and to correct any discrepancies.
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True
Return to investment: margin+turnover
Margin-net operating income/ sales
Turnover-sales/average operating assets.
Answer: a.)maximizes the minimum return.
Explanation: