Hello,

Please help! The debit is not "bank charges." I don't know what it could be.

Thanks in advance!!!

ransaction/event, select "No Journal Entry Required" in the first account field.) a. Outstanding checks of $13,400. b. Bank service charge of $40. c. Deposit in transit of $3,700. . Interest earned of $19. View transaction list Journal entry worksheet 1 2 3 4 Record the service charges of $40 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit b. 40 Cash 40 Record entry Clear entry View general journal