TREATMENT OF PROTESTED PAPER
14. When a note, draft, or check is protested, the bank will charge us with the protest fee in addition to the face of the paper. The total amount must then be charged to the one from whom the paper was received. Suppose the check of Jones & Laughlin for $100.00 goes to protest and is returned to us with a protest fee of $2.50—the entry will be:
| Jones & Laughlin | $102.50 | |
| Bank | $102.50 | |
| Check No. 16 given to First Nat. | ||
| Bank to cover J. & L. check for | ||
| $100.00, protest fee $2.50. |