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.
Correct Answer:
Verified
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