Which of the following is NOT true concerning NSF checks:
A) NSF checks represent customer checks that the business previously deposited but have turned out to be worthless.
B) The amount of the NSF check will need to be subtracted from the book balance.
C) The amount of the NSF check will need to be added to the book balance.
D) NSF stands for nonsufficient funds.
Correct Answer:
Verified
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