Ella epoch fashion received notice that its bank has processed an nsf check. what would be the result for bella epoch fashion?

a. it would have a decrease in accounts receivable and a corresponding increase in cash.

b. it would have equal increases in accounts receivable and cash.

c. it would have equal decreases in accounts receivable and cash.

d. it would have an increase in accounts receivable and a corresponding decrease in cash.

Question

Adriana Mcintosh

Business

19 December, 18:08

Ella epoch fashion received notice that its bank has processed an nsf check. what would be the result for bella epoch fashion?

a. it would have a decrease in accounts receivable and a corresponding increase in cash.

b. it would have equal increases in accounts receivable and cash.

c. it would have equal decreases in accounts receivable and cash.

d. it would have an increase in accounts receivable and a corresponding decrease in cash.

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Answers (1)

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Nola Osborne · Answer 1

The answer is option "d", " it would have an increase in accounts receivable and a corresponding decrease in cash".

Accounts receivable alludes to the extraordinary invoices that an organization has or the cash the organization or company is owed from its customers. The expression alludes to accounts a business has a privilege to get or receive, the reason behind this is that it has conveyed an item, product or service.