After preparing a bank reconciliation, the service fee charged by the bank would be recorded with a: Credit to Service Fees Expense. Debit to Cash. Credit to Service Fees Revenue. Debit to Service Fees Expense.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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After preparing a bank reconciliation, the service fee charged by the bank would be recorded with a:
Credit to Service Fees Expense.
Debit to Cash.
Credit to Service Fees Revenue.
Debit to Service Fees Expense.
Transcribed Image Text:After preparing a bank reconciliation, the service fee charged by the bank would be recorded with a: Credit to Service Fees Expense. Debit to Cash. Credit to Service Fees Revenue. Debit to Service Fees Expense.
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