Bank Reconciliation Video Lessons

Concept

# Problem: A firm 's bank reconciliation statement shows a book balance of $31,640, an NSF check of$800, and a service charge of $40. The service charge is a. Deducted from the bank balance b. Added to the bank balance c. Deducted from the book balance d. Added to the book balance ###### FREE Expert Solution ###### Problem Details A firm 's bank reconciliation statement shows a book balance of$31,640, an NSF check of $800, and a service charge of$40. The service charge is

a. Deducted from the bank balance

b. Added to the bank balance

c. Deducted from the book balance

d. Added to the book balance