Accompanying the Bank Statement Was a Debit Memo for an NSF

question 141

Multiple Choice

Accompanying the bank statement was a debit memo for an NSF check received from a customer. What entry is required in the company's accounts?

• A) debit Other Income; credit Cash
• B) debit Cash; credit Other Income
• C) debit Cash; credit Accounts Receivable
• D) debit Accounts Receivable; credit Cash

---

Definitions:

Incomplete Dominance

A genetic occurrence in which the trait exhibited by a heterozygous individual is a blend of the traits from both homozygous parents.

Epistasis

An interaction between genes in which the effect of one gene is modified or completely masked by another gene.

Polygenic Inheritance

Inheritance in which several independently assorting or loosely linked nonallelic genes modify the intensity of a trait or contribute to the phenotype in additive fashion.

Incomplete Dominance

a genetic phenomenon where the phenotype of a heterozygote is intermediate between the phenotypes of the two homozygotes.