The Journal Entry to Record an NSF Cheque from a Customer

question 105

Multiple Choice

The journal entry to record an NSF cheque from a customer would require a:

• A)debit to Accounts Payable and a credit to Cash.
• B)debit to Cash and a credit to Accounts Receivable.
• C)debit to Accounts Receivable and a credit to Cash.
• D)debit to Miscellaneous Expense and a credit to Cash.

---

Definitions:

Develop Trust

The process of building reliability, truthfulness, or confidence in a relationship.

Caring Adult

An adult who provides support, love, and guidance to children or adolescents, playing a key role in their emotional and developmental growth.

Needs Met

The fulfillment of basic or specific requirements for well-being, including physical, emotional, social, and financial needs.

Ron Lally

An influential figure in early childhood development, known for his work on infant and toddler care and education.