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

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2 votes

Answer:

Step-by-step 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.

User Shivam Singh
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Hey You!

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