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Makovka662 [10]
3 years ago
10

If a company made a bank deposit on September 30 that did not appear on the bank statement dated September 30, in preparing the

September 30 bank reconciliation, the company should: Deduct the deposit from the bank statement balance. Send the bank a debit memorandum. Deduct the deposit from the September 30 book balance and add it to the October 1 book balance. Add the deposit to the book balance of cash. Add the deposit to the bank statement balance.
Business
1 answer:
jasenka [17]3 years ago
4 0

Answer:

Add the deposit to the bank statement balance.

Explanation:

This is a temporary difference, the bank balance will be adjusted in the bank reconciliation to get the adjusted bank statment.

The deposit is an increase of cash, it will not be deducted. The bank will acknowledge the deposit in 48 or 72 hours so there is no need to send any memo.

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