What is "Deposit in transit" in bank reconciliation?

Last updated Jun 27, 2026

Correct Answer: Option A — Added to Bank Balance

In a bank reconciliation statement (BRS), a "Deposit in Transit" (also known as an unpresented deposit or outstanding deposit) refers to cash or checks that a company has recorded in its own books but which have not yet appeared on the bank statement.

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What is "Deposit in transit" in bank reconciliation?

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