Which one of the following would not cause a bank to decrease 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.

Question

Quizplus · Accepted Answer

Collection of a note receivable would increase the bank account balance, as the bank is receiving funds from a borrower who is paying back a loan. The other options would all cause a decrease in the account balance. A bank service charge is a fee charged by the bank for maintaining the account, wiring funds to other locations involves transferring funds out of the account, and checks marked NSF (non-sufficient funds) means that the account holder does not have enough funds to cover the check amount and therefore the bank deducts the amount from the account.

Which One of the Following Would not Cause a Bank