The bank statement showed a NSF check of $300. In a bank reconciliation, this would be shown as a:

Question

Quizplus · Accepted Answer

An NSF (Not Sufficient Funds) check means that the check bounced because there was not enough money in the account to cover it. Therefore, the bank did not accept the payment and deducted $300 from the bank balance. To reconcile the bank statement with the book balance, we need to deduct this NSF check amount ($300) from the book balance. So the correct option is C, which is a deduction of $300 from the book balance.

The Bank Statement Showed a NSF Check of $300