An NSF check for $17.50 would be recorded as a debit to Cash and a credit to Accounts Receivable.

Name: An NSF check for $17.50 would be recorded as a debit to Cash and a credit to Accounts Receivable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An NSF (non-sufficient funds) check means that the check cannot be cashed due to insufficient funds in the account. Therefore, it should be recorded as a debit to Accounts Receivable (since the payment was not received) and a credit to Cash (since the check bounced and the funds were not received).

An NSF Check for $17