When a Depositor Receives a Bank Statement Indicating That There

question 82

Multiple Choice

When a depositor receives a bank statement indicating that there was a "NSF check," the depositor should do which of the following?

• A)Reduce the cash account per the books for the amount of the "NSF check."
• B)Reduce the cash account per the bank statement for the amount of the "NSF check."
• C)Debit allowance for doubtful accounts for the amount of the check.
• D)Increase the sales returns and allowances account.

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Definitions:

Protein Synthesis

The process by which cells build proteins using instructions encoded in genes, involving transcription and translation stages.

Sensory Input

Information gathered by the sensory organs that is then sent to the brain for processing.

Synapses

The junctions through which neurons signal to each other or to non-neuronal cells, allowing the transmission of electrical or chemical signals.

Gap Junctions

Specialized intercellular connections that allow for direct chemical and electrical communication between adjacent cells, facilitating the synchronization of cell activities.