Bank balance on bank statement is 10.165 TL and bank account ledger is 10.000 TL. The difference arose of 500 TL interest revenue and a 335 TL service charge. Which entry is made? a. 165 debit to 102-Bank and credit to 642-Interest revenue b. 500 debit to 642-Interest revenue and credit to 102-Bank ; 335 TL debit to 102-Bank and credit to 770-GAE c. 500 debit to 102-Bank and credit to 642-Interest revenue; 335 TL debit to 780-Financing Expense and credit to 102-Bank d. 500 debit to 102-Bank and credit to 642-Interest revenue; 335 TL debit to 770-GAE and credit to 102-Bank

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.