It is standard accounting practice to treat as cash all checks received from cus- tomers. When a

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It is standard accounting practice to treat as cash all checks received from cus- tomers. When a customer's check is received, recorded, and deposited, but later returned by the bank marked NSF, what accounting entry or entries would be appropriate?

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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