Match each item to a bank statement adjustment, a company books adjustment, or either.
-Bank service charge
A)Bank statement adjustment
B)Company books adjustment
C)Either

Question

Quizplus · Accepted Answer

Bank service charges are typically discovered by the company when the bank statement is received. Therefore, the company needs to adjust its books to reflect the charges that the bank has already accounted for.

Match Each Item to a Bank Statement Adjustment, a Company