5+ Ways What Is Miscellaneous Credit On Bank Statement. Items such as borrowings, interest received, capital contributions, share subscriptions, repayments. Regular, extensive, and ongoing expenses, such as payroll, office rent, and inventory supplies, all have their own account to track, and each expense records its associated costs every month.
What is a miscellaneous credit in my bank account? Miscellaneous withdrawal is a term that is used in banking and it is categorized as different transactions but individualized charges. Accounts are periodically audited, and sometimes banks make errors, such as crediting an account too much for a deposit, that require adjustments.