Upon review of the most recent bank statement, you discover that you recently received an insufficient funds

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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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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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Question Posted: Jun 24, 2024 02:00 AM

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Upon review of the most recent bank statement, you discover that you recently received an insufficient funds

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Financial Accounting

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