Multiple Choice
In a bank reconciliation,bank service charges are:
A) added to the bank balance on the bank statement
B) deducted from the bank balance on the bank statement
C) added to the bank balance in the general ledger
D) deducted from the bank balance in the general ledger
Correct Answer:

Verified
Correct Answer:
Verified
Q47: For good internal control over cash, the
Q90: Under the allowance method,the entry to record
Q92: A ledger that contains a separate account
Q93: A year-end review of Accounts Receivable and
Q94: The asset requiring the highest level of
Q96: If a bank statement included a bank
Q98: The interest on a $50,000 note at
Q99: Smart-T Corporation uses the aging-of-accounts-receivable method to
Q100: On December 31,2017,James Company has an accounts
Q102: Two major types of receivable include: account