When the bank pays a check written by the company, it would: O A. debit the company's bank account. OB. credit the company's bank account. OC. No increase or decrease is made to the company's bank account. OD. debit the Cash account on the company's books. SER SEEDETESSE If a check marked NSF is returned from the bank, an adjusting entry crediting Cash is needed. O O True False Determine the adjusted cash balance per bank for Sheryl's Packaging on November 30, from the following information: Cash balance on the bank statement Customer's check returned-NSF Customer's note collected by the bank Deposits in transit, November 30 Outstanding checks, November 30 $3,200 300 600 1,000 3,700 O A. $1,900 OB. $1,600 OC. $1,800 OD. $500 Endorsing a check: O A. allows a check to be deposited only. O B. transfers the right to deposit or transfer cash. O c. guarantees payment. OD. None of these answers are correct