Question: When the bank returns a NSF check, it issues a ___________________________ (debit/ credit) memorandum that appears on the company bank statement; the company must then

When the bank returns a NSF check, it issues a ___________________________ (debit/ credit) memorandum that appears on the company bank statement; the company must then _____________ (debit/credit) the ledger Cash account for the amount of the NSF check

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