Bank Reconciliation Video Lessons

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Problem: In preparing a bank reconciliation, a service charge shown on the bank statement should be: a. Added to the balance per the bank statement. b. Deducted from the balance per the bank statement. c. Added to the balance per the depositor's records. d. Deducted from the balance per the depositor's records.

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Problem Details

In preparing a bank reconciliation, a service charge shown on the bank statement should be:

a. Added to the balance per the bank statement.

b. Deducted from the balance per the bank statement.

c. Added to the balance per the depositor's records.

d. Deducted from the balance per the depositor's records.

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Based on our data, we think this problem is relevant for Professor Murphy's class at AU.