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When Reconciling a Bank Account, the Bank's Transaction Fees Are

Question 37

Multiple Choice

When reconciling a bank account, the bank's transaction fees are:


A) added to the general ledger bank balance.
B) deducted from the general ledger bank balance.
C) added to the bank statement balance in the reconciliation.
D) deduced from the bank statement balance in the reconciliation.

Correct Answer:

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