Question: A customer provides you with a cheque that is processed by your junior accountant as payment for outstanding accounts receivable and then deposited to your

A customer provides you with a cheque that is processed by your junior accountant as payment for outstanding accounts receivable and then deposited to your bank account. The cheque is processed by the bank and ends up coming back as non-sufficient funds (NSF). Where would this 'NSF' cheque appear on a bank reconciliation?

Select one

: a. The amount of the NSF cheque would be added back to the bank balance

. b. The amount of the NSF cheque would be a deduction on the book balance.

c. The amount of the NSF cheque would be added back to the book balance.

d. The amount of the NSF cheque would be a deduction to the bank balance.

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