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Answers:
• Debit Accounts Receivable, Credit NSF
• Debit Cash, Credit Accounts Receivable
• Debit NSF Expense, Credit Cash
• Debit Accounts Receivable, Credit Cash
I will rather go for option B
The answer is Debit NSF Expense, Credit Cash
Debit NSF Expense, Credit Cas
As per my knowledge i go with Option C:
NSF Expense Dr
To Cash
• Debit NSF Expense, Credit receivable
