On a bank reconciliation, a bank service charge would be deducted from the balance per books.

Question

Quizplus · Accepted Answer

A bank service charge is a fee charged by the bank for services provided, such as maintaining an account or processing transactions. This charge is typically deducted by the bank from the account balance. Therefore, it would need to be deducted from the balance per books on a bank reconciliation to accurately reflect the adjusted balance.

On a Bank Reconciliation, a Bank Service Charge Would Be