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Refer to the following bank reconciliation:
-According to the bank reconciliation above,Journalize the adjusting entry for the fourth reconciling item: bank service charge.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired.
Investing Activities
Activities related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.
Cash Flows
The movement of cash into or out of a business, project, or financial product as it generates income or pays expenses.
Operating Activity
Pertains to the core business activities of a company, such as selling goods or providing services, which generate revenue.
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