Wren Company Accepted a Check from Jay Company as Payment

question 180

Multiple Choice

Wren Company accepted a check from Jay Company as payment for services rendered. Wren's bank statement revealed that the Jay check was an NSF check. What effect will the entry to record the NSF check have on the accounting equation of Wren Company?

• A) Choice A
• B) Choice B
• C) Choice C
• D) Choice D

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The fundamental software that manages hardware resources and provides common services for computer programs.