If a bank statement included a bank collection and related interest revenue, the journal entry to record this reconciling item would include a:

Name: If a bank statement included a bank collection and related interest revenue, the journal entry to record this reconciling item would include a:
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Question

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A bank collection and related interest revenue would increase the balance in the company's bank account, so a debit to Cash would be needed to record this reconciling item.

If a Bank Statement Included a Bank Collection and Related