If a Bank Statement Included an NSF Cheque for $450,the

question 66

Multiple Choice

If a bank statement included an NSF cheque for $450,the journal entry to record this reconciling item would include a:

• A) debit to Cash for $450
• B) credit to Cash for $450
• C) credit to Accounts Receivable for $450
• D) debit to Accounts Payable for $450

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Definitions:

Sincere Thoughts

Genuine and honest reflections or opinions.

Reference Group

A social group that individuals compare themselves to for the purpose of evaluating their actions, attitudes, or beliefs.

Language Arts

An academic discipline focused on the study and improvement of skills related to reading, writing, listening, and speaking.

Educators

Individuals who provide instruction or education, often teachers or professors.