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Notification by the Bank That a Customer's Deposited Cheque Was

Question 51

Multiple Choice

Notification by the bank that a customer's deposited cheque was returned NSF requires that the depositor make the following adjusting entry:


A) Accounts Receivable Notification by the bank that a customer's deposited cheque was returned NSF requires that the depositor make the following adjusting entry: A) Accounts Receivable B) Cash C) Bank Charges Expense D) No adjusting entry is necessary.
B) Cash Notification by the bank that a customer's deposited cheque was returned NSF requires that the depositor make the following adjusting entry: A) Accounts Receivable B) Cash C) Bank Charges Expense D) No adjusting entry is necessary.
C) Bank Charges Expense Notification by the bank that a customer's deposited cheque was returned NSF requires that the depositor make the following adjusting entry: A) Accounts Receivable B) Cash C) Bank Charges Expense D) No adjusting entry is necessary.
D) No adjusting entry is necessary.

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