Restaurant
Bank Service Charges
Recording monthly bank maintenance fees and wire transfer charges deducted by the bank.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Bank Charges Expense | Expense (+) | 20.00 | - |
| Cash in Bank | Asset (-) | - | 20.00 |
💡 Accountant's Note
Usually discovered during the monthly bank reconciliation. This entry ensures the company's ledger matches the bank statement.
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