Jaxon Company gathered the following information from its accounting records and the November bank statement which reflected a Cash Bank Bwance of $5,995) to prepare the November bank reconciliation: Cash Balance per Books Deposits in Transit Interest Received from Bank Bank Service Charge Outsanding Checks NSF Check from Customer $3,500 $150 $850 $30 $2,000 $175 What adjusting entry would Jaxon record for the NSF check bounced by the customer? Multiple Choice $175 Cash Accounts Receivable $175 $175 Accounts Receivable Cash $175 $175 Accounts Payable Cash $175 O No adjusting entry is required for this reconciliation item