1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dmitriy555 [2]
1 year 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]1 year 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

You might be interested in
A landfill site produces an obnoxious odor. Homes downwind of the site rent for $1000 per month while homes upwind of the site r
Eddi Din [679]

Answer:

External cost

Explanation:

External cost is a cost that is gotten from any economic transaction, in which the person or entity bearing the cost is not directly involved in. They are also known as spill over costs. The offensive odor in the question has generated an external cost at different locations from the site, the cost of rent differs. External costs usually have negative effects, from our question we can see that the odor from the landfill site must be intolerable for people residing in the area.

5 0
2 years ago
Colby and carleton own a business. most of their friends and colleagues would say colby, who manages the business on a daily bas
Ad libitum [116K]

Colby would rate low on openness to experience, while Carleton would rate high on this dimension based on the five-factor model.

Since Colby’s thinking is conventional, he would most likely stick with the common and proven methods in handling a business, thus, the rationale on his low rating to openness to experience.

7 0
3 years ago
Cameron industries is purchasing a new chemical vapor depositor in order to make silicon chips. it will cost $ 4 million$4 milli
Luden [163]
On basis of straight-line depreciation method,

Yearly depreciation expense = [Cost of investment - Salvage value] / life

In the current case, salvage vale is assumed to be $0 and the life is 7 years.

Total investment = $4 m + $ (15,000/1,000,000) m + $3 m = $7.015 m

Therefore,
Yearly depreciation expense = 7.015/7 ≈ $1.002 m
8 0
3 years ago
What are five things you should consider when trying to decide if you should buy or lease a car?
Angelina_Jolie [31]
The price the model used or new if you have a leased car if you damage it you got to pay
4 0
3 years ago
A) Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevan
s2008m [1.1K]

Answer:

I think b because they knew they were gonna get caught

7 0
3 years ago
Other questions:
  • Because the main goal of high-stakes testing is to upgrade the performance of poorly achieving students, low-income and ethnic m
    13·1 answer
  • Economic growth is _____. the GDP's peak (or highest point), a continual increase in GDP, or the same as GDP
    15·2 answers
  • When using the two-second rule, if you reach the mark before you finish counting "one thousand two", you __________ A. are not f
    5·1 answer
  • Time Warner shares have a market capitalization of billion. The company is expected to pay a dividend of per share and each shar
    8·1 answer
  • When shopping for your interview clothes, some trade-offs you face include: whether to get a job or not. choosing one brand of c
    11·1 answer
  • Barnett Corporation uses the weighted-average method in its process costing system. The
    13·1 answer
  • If an asset costs $132000 and is expected to have a $22000 salvage value at the end of its 10-year life, and generates annual ne
    10·1 answer
  • What term is best described as the additional satisfaction gained from purchasing a good given the price of the product?.
    12·1 answer
  • Can someone explain how I you know submit a resume? I learned how to fill one out freshman year but they never told me how to su
    13·1 answer
  • What do americans consider to be a signal of progress in a business negotiations with foreigners?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!