Question: Bank collected a $ 1 , 0 0 0 note less a $ 5 0 collection fee. 1 . Add to bank balance. 2 .

Bank collected a $1,000 note less a $50 collection fee.
1.
Add to bank balance.
2.
Deduct from bank balance.
3.
Add to checkbook balance.
4.
Deduct from checkbook balance.

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