Which one of the following would not cause a bank to debit a depositor's account?
A) Bank service charge
B) Collection of a note receivable
C) Wiring of funds to other locations
D) Checks marked NSF
Correct Answer:
Verified
Q113: The cash account shows a balance of
Q114: A check returned by the bank marked
Q115: In preparing its bank reconciliation for
Q116: The cash account shows a balance of
Q117: A company maintains the asset account Cash
Q119: A debit memorandum would not be issued
Q120: In preparing a bank reconciliation outstanding checks
Q121: Bank errors
A) occur because of time lags.
B)
Q122: Notification by the bank that a deposited
Q123: An adjusting entry is not required for
A)
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