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bank service charge expense

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

This is an administrative expense which reports the fees incurred by a company for the expenses associated with its checking account transactions.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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