Jasper Company accepted a check from Harp Company as payment for services rendered. Jasper's bank statement revealed that the Harp check was a NSF check. What effect will recording the NSF check have on the accounting equation of Jasper Company?

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The Answer of Jasper Company accepted a check from Harp Company as payment for services rendered. Jasper's bank statement revealed that the Harp check was a NSF check. What effect will recording the NSF check have on the accounting equation of Jasper Company?

Jasper Company Accepted a Check from Harp Company as Payment