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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


When will the charges for using my debit card as credit be deducted from my account?

The charges for using your debit card as credit will typically be deducted from your account within a few business days of the transaction.


What is the price a bank charges to use its money called?

Debit Interest


Where you recorded the Advocate fees charges in bookkeepinh?

Debit P&L


What is a miscellanous debit?

It could be anything... from an unrecognised creditor to bank charges.


What is the journal entry for bank services charges?

[Debit] Bank service charges xxxx [Credit] cash / bank xxxx


What is 'pca d' in hdfc ATM statement slip?

In an HDFC ATM statement slip, 'PCA D' typically refers to a "Personal Current Account Debit" transaction. This indicates that funds were withdrawn from a personal current account at the ATM. The 'D' signifies that it is a debit transaction, meaning money has been deducted from the account.


Can the bank reverse a debit card transaction?

Yes, a bank can reverse a debit card transaction under certain circumstances, such as in cases of fraud, error, or unauthorized charges.


What is the accounting journal entry to record settlement charges?

Debit settlement chargesCredit cash /bank


Can a royal bank of Canada debit card be used in UK without charges in Canada?

yes


What is journal entry of electricity charges?

Debit electricity chargesCredit cash /bank / accounts payable

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