Business, 14.03.2020 01:02 studyoverload

A company writes a check but does not have enough money to cover the balance. What is the journal entry for the charge assessed by the bank?

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Debit Service Charge Fee and Credit Cash

Credit Service Charge Fee and Debit Cash

Debit Expenses and Credit Cash

Credit Expenses and Debit Cash

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A company writes a check but does not have enough money to cover the balance. What is the journal en...

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