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Notification by the Bank That a Deposited Customer Check Was \quad

Question 81

Short Answer

Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry: a. Accounts Receivable
\quad\quad Cash
b. Cash
\quad\quad Accounts Receivable
c. Miscellaneous Expense
\quad\quad Accounts Receivable
d. No adjusting entry is necessary.

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