jojo5515 jojo5515

04-12-2017
Business

contestada

When preparing a bank reconciliation, a not sufficient funds (nsf) check is _____?

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VivaciousLyla VivaciousLyla

04-12-2017

Hey You!

When preparing a bank reconciliation, a not sufficient funds (NSF) check is deductee from the balance according to the company's records.

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drmallery drmallery

01-05-2021

Answer:

Explanation:

Deducted from the cash balance on books. It represents a deposit that was returned by the bank because the payer didn’t have funds in their bank account to cover the deposit.

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