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The Journal Entry to Record an NSF Cheque from a Customer

Question 105

Multiple Choice

The journal entry to record an NSF cheque from a customer would require a:


A) debit to Accounts Payable and a credit to Cash.
B) debit to Cash and a credit to Accounts Receivable.
C) debit to Accounts Receivable and a credit to Cash.
D) debit to Miscellaneous Expense and a credit to Cash.

Correct Answer:

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