Question: I am working on a bank reconciliation problem. How should I record the following transaction on the company's cash record? (10/31/13 Bank Rec ) A

I am working on a bank reconciliation problem. How should I record the following transaction on the company's cash record? (10/31/13 Bank Rec)

A two month, 8%, $1350 customer's note dated 8/25/13, discounted on 10/12/13 was dishonored by the bank on 10/26/13 and the bank charged $1374.91, which included a protest fee of $6.91

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