Accompanying the bank statement was a debit memo for an nsf check received from a customer. this item would be included on the bank reconciliation as a(n) a. addition to the balance per bank statement b. addition to the balance per company's records c. deduction from the balance per bank statement d. deduction from the balance per company's records
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Ответ:
NSF check is also called bounced check, NSF stands for Non-Sufficient Funds. These checks cannot be cashed because of insufficient funds in the payer's account. A client needs to pay bank fees for negotiating a check with non- Sufficient funds. All the banks charge a fee for the bounced check. In case of non sufficient funds, there is deduction from the balance as per the banks statement.
Ответ:
Positive, Normative
Explanation: Positive economics is based on facts and objects that can be verified. While, normative economics is based on value based judgement that are difficult to verify.
Making a prediction today about the world's population in twenty years based on current growth trends is an example of positive economics.
Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of normative economics.