Trisha Massey asks for your help concerning an NSF check. Explain to Trisha (a) what an NSF check is, (b) how it is treated in a bank reconciliation, and (c) whether it will require an adjusting entry on the company's books.
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An NSF check stands for "Non-Sufficient Funds" check. It occurs when someone writes a check, but their bank account does not have enough money to cover the amount of the check. As a result, the bank refuses to honor the check, and it is returned to the payee (the Show more…
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