A Check of $300,000,deposited by a Company,was Returned to the Bank

question 70

Multiple Choice

A check of $300,000,deposited by a company,was returned to the bank for nonsufficient funds.How would this information be included on the bank reconciliation?

• A) a deduction on the bank side
• B) an addition on the bank side
• C) an addition on the book side
• D) a deduction on the book side

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