Respuesta :
Deposit in transit is difference between your bank statement and your records is most likely to indicate fraud
Check printing fees and bank servicing fees. the company's books include mistakes. Charges and deposits made electronically that show up on a bank statement but have not yet been entered into the company's records.
The bank's record of all transactions affecting the entity's bank account throughout the previous month is included in the information on the bank statement. In order to make sure that a company's cash records are accurate, a bank reconciliation should be performed on a regular basis for all bank accounts.
A bank reconciliation statement compares the bank balance listed on the bank statement with the balance listed in the company's accounting records.
Hence Deposit in transit is difference between your bank statement and your records is most likely to indicate fraud
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