In a bank reconciliation,a bank service charge for printing checks is:
A)added to the bank balance.
B)added to the book balance.
C)subtracted from the book balance.
D)subtracted from the bank balance.

Question

Quizplus · Accepted Answer

Bank service charges for printing checks are expenses recognized by the company but not yet recorded in the company's books. Therefore, they are subtracted from the book balance to reconcile the company's cash records with the bank statement.

In a Bank Reconciliation,a Bank Service Charge for Printing Checks