Notification by the Bank That a Deposited Customer Check Was

question 77

Multiple Choice

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

• A)Increase Accounts Receivable Decrease Cash
• B)Increase Cash Decrease Accounts Receivable
• C)Increase Miscellaneous Expense Decrease Accounts Receivable
• D)No adjustment is necessary.

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Definitions:

Computer Data

Information processed or stored by a computer, in various forms like text, images, audio, or videos.

Ethical

Pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.

Complete

Having all necessary parts, elements, or steps; fully finished or concluded.

Accurate

Free from errors, mistakes, or discrepancies; precise and correct.