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dmitriy555 [2]
2 years ago
9

Notification by the bank that a deposited customer check was returned nsf requires that the company make the following adjusting

entry:
Business
1 answer:
Montano1993 [528]2 years ago
5 0

If the bank notifies the company of a deposited customer check that was returned NSF, the company would have to Debit Accounts Receivable and Credit cash.

<h3>What happens when a check is returned NSF?</h3>

This means that the check did not clear and so the depositor still owes the company the amount they had written on the check.

The company would then have to debit Receivables to show that the person still owes them, and credit cash to show the cash never reported.

Find out more on NSF checks at brainly.com/question/24260989.

#SPJ12

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Company A manufactures and sells extreme sports gear. Its website includes a place for customers to post reviews of its products
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personal selling

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Personal selling is a type of marketing strategy used when companies encourage their customers to make their experiences public and share their feelings about the product. In this case, the company is encouraging consumer feedback and sharing stories.

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production of different types will compete for limited resources.

Explanation:

           The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.

           The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.

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3 years ago
The financial institution that generally charged the lowest rates on loans is
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Banks and Credit Unions usually charge the lowest rates on loans.

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Answer: B)future value of the $25,000.

Explanation: The Smith's calculation and subsequent result which yielded $31,000 refers to the future value of $25,000. The initial $25000 is the present value of the amount held. If the initial amount is saved or deposited over a certain number of years in an account which yields a certain rate of interest per annum and is compounded either on a monthly, yearly, quarterly or semiannual basis as the case may be, in this scenario above, the interest is called mounded annually. This initial amount will grow and yield an amount which is greater than the present deposit. This is called the future value of the initial deposit.

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