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Problem 1: A? customer's check for $1,260 was returned for nonsufficient funds. Which of the following journal entries is needed to adjust for the NSF? check?
a. Accounts Payable 1,260Cash 1,260
b. Cash 1,260Sales Revenue 1,260
c. Accounts Receivable 1,260Cash 1,260
d. NSF Check 1,260Cash 1,260
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