Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 28 - No. 11)
If the bank statement shows an NSF check, which adjustment is required in a bank reconciliation?
Add it to the bank balance.
Deduct it from the bank balance.
Add it to the book balance.
Deduct it from the book balance.
Explanation
NSF checks reduce the company's cash balance.
Comments (0)
