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Which of the Following Journal Entries Is Recorded as a Result

Question 72

Multiple Choice

Which of the following journal entries is recorded as a result of the bank reconciliation process to record a NSF check for $250?


A) Cash 250
Accounts Receivable 250

B) Cash 250
Accounts Payable 250

C) Accounts Receivable 250
Cash 250

D) Accounts Receivable 250
Petty Cash 250

Correct Answer:

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