Bank charge journal entry
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Answer:
Explanation:bank charges account debit
To cash account/ bank
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Journal entry for bank charges .
Explanation:
Books of (----Limited)
Journal Entry
Date Account Title and Explanation Debit Credit
Bank charges A/c Dr. xxx
To Bank A/c xxx
(Being bank charges deducted from the bank)
Note: Bank charges deducted from bank and money go out from bank so, the bank account will be credit.
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