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.
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Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects.
