In Preparing the Monthly Bank Reconciliation,Fur Ltd Ascertains That There $\quad$

Multiple Choice

In preparing the monthly bank reconciliation,Fur Ltd ascertains that there is a $750 cheque from Hunt Traders for merchandise that is marked NSF.The journal entry to record this in Fur Ltd's books is:

A) Dr Accounts receivable$750 $\quad$$\quad$ Cr Cash$750
B) Dr Accounts receivable$750 $\quad$$\quad$ Cr Inventory$750
C) Dr Accounts payable$750 $\quad$$\quad$$\quad$ Cr Cash$750
D) Cr Accounts receivable$750 $\quad$$\quad$ Dr Cash$750