Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 37 - No. 28)
What is the impact of the bank charging the business for bank charges?
Debit bank charges, credit bank.
Debit bank, credit bank charges.
Debit cash, credit bank charges.
Debit bank charges, credit cash.
Explanation
Debit expense account and credit bank account.
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