A bank service charge would be included on the bank reconciliation as a/an
A bank service charge would be included on the bank reconciliation as a subtraction from the balance per books.
s
Question
Updated 3/28/2016 8:05:43 PM
Rating
8
A bank service charge would be included on the bank reconciliation as a subtraction from the balance per books.
Confirmed by jeifunk [3/28/2016 8:10:05 PM]

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A restrictive endorsement on a check User: Which item(s) will require a journal entry to update the balance in the Cash account?
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A restrictive endorsement on a check is the safest endorsement for businesses.

Bank service charges, note collected by the bank, and deposits in transit will require a journal entry to update the balance in the Cash account.

The bank statement shows
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The bank statement shows the cumulative balance of cash in the account, net of all the preceding transactions, as of the end of each day in the reporting period.
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The first two numbers of the ABA code listed on the check represent the Federal Reserve District.
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32,535,293
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