Using the information from question 2, how will the ($10) bank service charge appear on Hapleys November

Question:

Using the information from question 2, how will the \($10\) bank service charge appear on Hapley’s November 30 bank reconciliation?

a. \($10\) appears as an addition to the book balance of cash.

b. \($10\) appears as an addition to the bank balance of cash.

c. \($10\) appears as a deduction from the book balance of cash.

d. \($10\) appears as a deduction from the bank balance of cash.

e. The service charge will not appear on the November 30 bank reconciliation.

Question 2:

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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