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A Customer's Check for $1,200 Was Returned for Nonsufficient Funds

question 162

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A customer's check for $1,200 was returned for nonsufficient funds.Which of the following journal entries is needed to adjust for the NSF check?


Definitions:

Oedipus Complex

In Freudian theory, the desire young boys have to get rid of their father and take his place in their mother’s affections.

Electra Complex

In Freudian theory, the process by which young girls blame their mother for their “castrated” condition, transfer their love to their father, and compete with their mother for their father’s affection.

Primary Anxiety

a fundamental form of anxiety that is not a response to a specific stressor but rather a general sense of unease or dread.

Repression

A defense mechanism where unpleasant feelings, memories, or impulses are excluded from conscious awareness.

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