Accompanying the bank statement is a debit memorandum for an NSF check for $120. This item would be included on the bank reconciliation as a(n)

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An NSF (Non-Sufficient Funds) check is a check that cannot be processed because the account it is drawn on does not have enough funds. When a bank returns an NSF check, the amount of the check must be deducted from the company's ledger balance of cash, as the company would have previously recorded this amount as an increase in cash when the check was initially received.

Accompanying the Bank Statement Is a Debit Memorandum for an NSF