Notification by the Bank That a Deposited Customer Cheque Was $\quad$

question 109

Multiple Choice

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

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

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Definitions:

Digital Device

An electronic device that can store, process, or transfer data digitally, such as smartphones, tablets, and computers.

Potential Purchase

A scenario where a consumer considers buying a product or service but has not yet made the decision to proceed with the purchase.

Information Security

The practice of protecting electronic information by mitigating information risks and vulnerabilities.

Customer Data

Information that pertains to the details, preferences, and behavior of customers, often used for marketing and service improvement.