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The bank statement for Tetra Company contained the following items: a bank service charge of $10;a credit memo for interest earned,$15;and a $50 NSF check from a customer.The company had outstanding checks of $100 and a deposit in transit of $300.
-The entry to record the customer's NSF check will:
Past
The period of time or a segment of history that has already occurred, distinguished from the present and future.
Social-Responsibility Norm
A societal expectation that people will help those who are dependent upon them or in need of assistance.
Expectation
A belief or anticipation about the way events, behaviors, or things are supposed to be.
Help
Assistance or support given to someone else in order to alleviate their situation or solve a problem.
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