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Harp Company Accepted a Check from Jasper Company as Payment

Question 39

Multiple Choice

Harp Company accepted a check from Jasper Company as payment for services rendered. Harp's bank statement revealed that the Jasper check was an NSF check. What effect will the entry to record the NSF check have on the accounting equation of Harp Company? Harp Company accepted a check from Jasper Company as payment for services rendered. Harp's bank statement revealed that the Jasper check was an NSF check. What effect will the entry to record the NSF check have on the accounting equation of Harp Company? A) Option A B) Option B C) Option C D) Option D


A) Option A
B) Option B
C) Option C
D) Option D

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