Bank fees for check printing are recorded by the bank as:
A)An increase in the bank's asset account.
B)A decrease in the bank's asset account.
C)A decrease in the depositor's bank account.
D)An increase in the depositor's bank account.
E)An increase in the bank's expense account.

Question

Quizplus · Accepted Answer

Bank fees for check printing are deducted from the depositor's account, decreasing the account balance.

Bank Fees for Check Printing Are Recorded by the Bank