Tags Banking Business Accounting and Bookkeeping

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Accounting

What is the journal entry for bank services charges?

Updated: 9/22/2023

Wiki User

∙ 9y ago

Best Answer

[Debit] Bank service charges xxxx

[Credit] cash / bank xxxx

Wiki User

∙ 9y ago

This answer is:

Add your answer:

Earn +20 pts

Q: What is the journal entry for bank services charges?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Accounting

What journal entry is needed to debit for bank service charges?

[Debit] Bank service charges [Credit] Bank account

What is journal entry for received cash for services?

[Debit] Cash / bank [Credit] Services revenue

What is the accounting journal entry to record settlement charges?

Debit settlement chargesCredit cash /bank

What is journal entry of electricity charges?

Debit electricity chargesCredit cash /bank / accounts payable

What is journal entry for received cash for services sold?

[Debit] cash / bank xxxx [credit] sales xxxx

Related questions

What journal entry is needed to debit for bank service charges?

[Debit] Bank service charges [Credit] Bank account

What is journal entry for bank charges?

bank charges a/c debit to cash a/c credit

What is journal entry for received cash for services?

[Debit] Cash / bank [Credit] Services revenue

What is the accounting journal entry to record settlement charges?

Debit settlement chargesCredit cash /bank

What is journal entry of electricity charges?

Debit electricity chargesCredit cash /bank / accounts payable

How do you treat journal entry for website services fee paid?

debit website services expensecredit cash / bank

What is journal entry for received cash for services sold?

[Debit] cash / bank xxxx [credit] sales xxxx

What is the journal entry for deposit to bank account for beginning a business?

Journal entry for opening a bank account

What is the journal entry for withdrawal from bank?

Debit cashCredit bank

When goods are shipped FOB destination and the seller pays the transportation charges what journal entry does the buyer make?

Journal entry in the books of the buyer: [Debit] Goods Purchased xxxx [Credit] Cash/bank xxxx As buyer has not paid the freight charges, he will only record the transaction with original goods purchased amount.

What will be the journal entry when interest allowed by the bank?

interest allowed by bank

What is journal entry of paid into bank?

bank a/c to cash a/c

Trending Questions

Why should transactions be recorded first in a journal? How can printable appointment calendars be free? What should we do to close our deceased mother's account that's a joint account with my brother and I? Why does and AP ledger require a subsidiary ledger? In a combined statement of financial position the liabilities and net assets section why are total liabilities and unrestricted net assets added together? What is a person who sells goods for profit? Where can one get a credit merchant account? How many account digits in kotak Mahindra? Is prepaid insurance account a nominal account? What is the definition of relevant? What does the American Institute of Certified Public Accountants do to encourage young people to enter the profession of accounting? How is a demand draft used? What percent of taxes are taken out of your pay check in Georgia? How is auditing distinguishable from bookkeeping and accounting? How does one choose the right inventory tracking software for small businesses? Are broker fees taxable? Why is it a good idea to open a bank current account in a business's name? What is the double entry for paye as you earn payable to the inland revenue authority? How the principles of double entry bookkeeping affect the budgeting process? What test do I need to pass to get a realtor license?

Still have questions?

imp

Previously Viewed

What is the journal entry for bank services charges?

Resources

Top Categories

Product

Company

Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.