The accounting entry to record bank charges deducted from the Bank account of the business is: (a)

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The accounting entry to record bank charges deducted from the Bank account of the business is:
(a) Debit Interest account credit Bank account
(b) Debit Bank charges account credit Bank account
(c) Debit Cash account credit Bank charges account
(d) Debit Bank charges account credit Cash account

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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