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Q 7.13: a(n)________ requires a journal entry by the depositor.

1 Answer

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A BANK SERVICE CHARGE requires a journal entry by the depositor.
On the other hand, the bank errors do not require a journal entry by the depositor.
A journal entry refers to an entry made inside a journal (a bank record). The bank service charge is always shown on the bank statement and on the last date of the bank statement.
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User Wellbin Huang
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