Notification by the Bank That a Deposited Customer Check Was

question 4

Multiple Choice

Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry:

• A) Accounts Receivable Cash
• B) Cash Accounts Receivable
• C) Miscellaneous Expense Accounts Receivable
• D) No adjusting entry is necessary.

---

Definitions:

Simple Events

In probability, a simple event is a single outcome within a sample space, not composed of other events.

Probability

A measure of the likelihood that an event will occur, ranging from 0 (impossibility) to 1 (certainty).

Combinations

The selection of items from a collection such that the order of selection does not matter.

Class

In the context of data, a grouping or categorization according to shared characteristics; in education, an organized period of instruction.