A $72 NSF check was returned from Mr. Smith, a company client. On a bank reconciliation, this would be shows as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the ledger cash account balance (book balance)
C,increase in the bank account balance
D. decrease in the bank account balance

Question

04-01-2021
Business

Answered

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A $72 NSF check was returned from Mr. Smith, a company client. On a bank reconciliation, this would be shows as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the ledger cash account balance (book balance)
C,increase in the bank account balance
D. decrease in the bank account balance

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