A Bank Statement Included a NSF Check from Kim Fields

question 39

Multiple Choice

A bank statement included a NSF check from Kim Fields for $2,100. The journal entry to record this reconciling item should:

• A)debit NSF and credit Cash for $2,100.
• B)debit Accounts Receivable and credit Cash for $2,100.
• C)debit Cash and credit NSF for $2,100.
• D)debit Cash and credit Accounts Receivable for $2,100.

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Definitions:

Sexual Harassment

Sexual harassment involves unwanted sexual advances, or obscene remarks or actions, typically in the workplace or academic settings.

Customer Complaints

Expressions of dissatisfaction or grievances from customers about a product or service.

Improvements

Enhancements or upgrades made to processes, products, or systems to increase efficiency, effectiveness, or satisfaction.

Service

Activities or functions that are provided to meet the needs of customers or clients, often in exchange for payment.