Included in the Bank Statement Was a Debit for Bank $\quad$

question 1

Multiple Choice

Included in the bank statement was a debit for bank service charges.What entry is required in the company's accounts?

• A) Dr Bank charges\(\quad \)\(\quad \)\(\quad \)Cr Cash
• B) Dr Cash\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)Cr Other revenue
• C) Dr Cash\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)\(\quad \)Cr Accounts payable
• D) Dr Accounts payable\(\quad \)\(\quad \)Cr Cash

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Definitions:

Camus

Albert Camus, a 20th-century French philosopher and author known for his contributions to existentialism and absurdist philosophy.

Tragedy

Tragedy is a genre of drama that presents a serious subject matter about human suffering and corresponding terrible events in a dignified manner.

Perspective

A particular attitude towards or way of regarding something; a point of view.

Absurd

Unreasonable, irrational, without meaning. Albert Camus uses the term “the absurd” to refer to “the confrontation of reasonable man and an indifferent universe,” a world that seems unresponsive to our demands for justice and meaningfulness.