Accountancy, asked by shiva8909, 1 year ago

What journal entries are prepared in a bank reconciliation?

Answers

Answered by splendidsowmi

0

journal entries are required for the items listed as adjustments to the balance per books on book reconciliation.These adjustments involve items that appears on the bank statement but not recorded in the company's general ledger.The journal entries for the bank fees would debit bank service charges and a credit to cash.

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