Koger Company's Bank Statement Included an NSF Check Written by One

question 90

Multiple Choice

Koger Company's bank statement included an NSF check written by one of its customers. What effect will the entry to recognize the NSF check have on the company's financial statements?

• A)Option A
• B)Option B
• C)Option C
• D)Option D

---

Definitions:

Volcanic Eruption

A volcanic eruption is a geologic event during which magma (lava), gases, and ash are expelled from a volcano's vent to the surface.

Meteorite

A fragment of a meteoroid that has fallen to a planetary surface.

Dried Up

Refers to something that has lost all its moisture.

Natural Stain

A discoloration or marking often found on materials, caused by the chemical or physical reaction of a natural substance.