When Reconciling a Bank Account with a Positive Balance,bank Fees

question 42

Multiple Choice

When reconciling a bank account with a positive balance,bank fees and interest charged by the bank are:

• A)Added to the bank statement balance in the reconciliation
• B)Deducted from the bank statement balance in the reconciliation
• C)Deducted from the general ledger bank balance
• D)Added to the general ledger bank balance