Journal entry of bank charged commision
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28
Answer:
The journal entries for the bank fees would debit Bank Service Charges and a credit to Cash. The journal entry for a customer's check that was returned due to insufficient funds will debit Accounts Receivable and will credit Cash
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1
Answer:
Debit what comes in, credit what goes out. Debit the expenses, credit the incomes. Debit the receiver, credit the giver.
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