Notification by the bank that a deposited customer check was returned nsf requires that the company make the following adjusting entry:

Question

27-06-2022
Business

contestada

Notification by the bank that a deposited customer check was returned nsf requires that the company make the following adjusting entry:

Respuesta :

Otras preguntas

On Friday 3/10 of the students were wearing white shorts and 5/12 were wearing blue shirts . What fraction of kids were wearing either a white shirt or a blue s

A cell is bathed in fluid. However, you notice that water is flowing out of the cell. In what kind of solution is this cell immersed: isotonic, hypotonic, or hy

identify two ways the constitution limits individual rights

name three examples of stimuli

A full container of juice holds 64 fluid ounces. How many 7 fluid ounce servings of juice are in full container?

Jack wants to bike from his house to Jill's house, which is located three blocks east and two blocks north of Jack's house. After biking each block, Jack can co

You find a job that pays $11.25 per hour. You plan to work a 40 hour week. What will your weekly gross pay be?

why might a roman historian like ammianus want to compare the huns to "unthinking animals"

3.44 as a mixed number

Sitting patiently, my mother read a magazine in the waiting room. A. Sitting patiently B. in the waiting room C. my mother read D. read a magazine

ACCESS MORE EDU ACCESS

Parrain Parrain · Answer 1 · 2022-06-28T13:42:15+02:00

If the bank notifies the company of a deposited customer check that was returned NSF, the company would have to Debit Accounts Receivable and Credit cash.

What happens when a check is returned NSF?

This means that the check did not clear and so the depositor still owes the company the amount they had written on the check.

The company would then have to debit Receivables to show that the person still owes them, and credit cash to show the cash never reported.

Find out more on NSF checks at https://brainly.com/question/24260989.

#SPJ12