The Documentation with the Bank Statement Shows a Debit Memo

Multiple Choice

The documentation with the bank statement shows a debit memo for bank service charges.Based on this, what possible entry would be made in the company's accounts?

A) debit Miscellaneous Administrative Expense; credit Cash
B) debit Cash; credit Other Income
C) debit Cash; credit Accounts Payable
D) debit Accounts Payable; credit Cash