Customer pays two invoices by one bank transfer, less a bank fee

Transaction

A customer pays two invoices on account, of $2,360.00 and $1,180.00, with a single wire transfer. The company’s bank deducts an incoming wire fee of $6.50 and credits the rest to the company’s account.

Assumptions: The invoices were recorded when they were issued. The company bears the bank fee.

Accounts

Tap an account, then choose Debit or Credit and type the amount. × removes a line.

Debit

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Credit

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Debits $0.00Credits $0.00