Which one of the following would not cause a bank to debit a company's account?
A) Bank service charge
B) Collection of a note receivable
C) Checks marked NSF
D) Wiring of funds to other locations

Question

Quizplus · Accepted Answer

Collection of a note receivable would result in a credit to the company's account, not a debit. The other options (bank service charge, NSF checks, wiring of funds) would all result in a debit to the account.

Which One of the Following Would Not Cause a Bank