what is journal entry for bank charges
Answers were Sorted based on User's Feedback
Generally banker will charge service charges on various
services made to the accountholder under the name of bank
charges
Bank charges a/c Dr
To Bank a/c
(Being bank charges debited)
| Is This Answer Correct ? | 296 Yes | 11 No |
Answer / a.balajee.rao
Bank charges .............Dr
To Bank A/C .............Cr
(Being Bank charges Automatically Debited)
| Is This Answer Correct ? | 146 Yes | 7 No |
Answer / shobha
Bank Charges --------Dr
To Bank A/C----------Cr
| Is This Answer Correct ? | 37 Yes | 5 No |
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