Question
In preparing a bank reconciliation, a service charge shown on the bank statement should be ? a. added to the balance per the bank statement
In preparing a bank reconciliation, a service charge shown on the bank statement should be ?
a. added to the balance per the bank statement
b. deducted from the balance per the bank statement
c. added to the balance per the depositor’s records
d. deducted from the balance per the depositor’s records
Step by Step Solution
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Step: 1
OptionD is correct ie deducted from the balance per ...
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Introduction to Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
6th edition
78136601, 978-0078136603
