Accompanying the bank statement was a debit memo for an NSF check received from a customer. What entry is required in the company's accounts?
A) debit Other Income; credit Cash
B) debit Cash; credit Other Income
C) debit Cash; credit Accounts Receivable
D) debit Accounts Receivable; credit Cash
D
Business
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Indicate whether the statement is true or false.
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Indicate whether the statement is true or false.
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