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Which of the Following Situations Would Cause Acme Company to Have

Question 39

Multiple Choice

Which of the following situations would cause Acme Company to have an NSF check amount on its bank reconciliation?


A) Acme writes a check to a supplier that bounces.
B) A customer writes a check to pay Acme and that check bounces.
C) Both situations A and B will cause Acme to have an NSF check on its' bank reconciliation.
D) Neither situation A nor B will cause Acme to have an NSF check on its' bank reconciliation.

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