Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 7 - Cash and Receivables - Brief Exercises - Page 407: BE7-15e

Answer

Deducted from the balance per books (4)

Work Step by Step

Non-Sufficient Funds checks mean that the account did not have enough funds to honor the checks and therefore they should be deducted from the balance per books.
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