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Posted on Jul 21, 2024

A customer's check for $ 1230 was returned for nonsufficient funds. Which of the following journal entries is needed to adjust for the NSF check?

A.NSF Check 1,230 Cash 1,230

B.Accounts Receivable 1,230 Cash 1,230

C. Cash 1,230 Sales Revenue 1,230

D. Accounts Payable 1,230 Cash 1,230

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