Deposits in transit is included on the bank reconciliation as a(n) :
A. eduction from the balance per bank statement
B. addition to the balance per bank statement
C. addition to the balance per company books
D. deduction from the balance per the company's books

B. addition to the balance per bank statement

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

Deposits in transits are deposits that have been recorded in the books as an addition to the cash balance but yet to be recognized by the bank. Hence it ill be included in then reconciliation as an addition to the balance per bank statement for both balances to be reconciled.

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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