Upon review of the most recent bank statement, you discover that you recently received an insufficient funds
Question:
Upon review of the most recent bank statement, you discover that you recently received an "insufficient funds check" from a customer. Which of the following describes the actions to be taken when preparing your bank reconciliation?
Balance per Books Balance per Bank
a. No change Decrease
b. Decrease Increase
c. Decrease No change
d. Increase Decrease
(Appendix)
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Related Book For 
Financial Accounting
ISBN: 9780073208145
5th Edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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