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8 004342 The bank statement for Tetra Company contained the following items: a bank service charge of $10; a credit memo for interest earned.
8 004342 The bank statement for Tetra Company contained the following items: a bank service charge of $10; a credit memo for interest earned. S15; and a $50 NSF check from a customer. The company had outstanding checks of $100 and a deposit in transit of $300 Which of the following will be caused by recording the customer's NSF check? Multiple Choice Accounts receivable increases and cash decreases Stockholders equity decreases Accounts receivable increases Cash decreases
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