Chapter 6, Problem 4QY

What is the journal entry to record an NSF check, from J. Smith for $250, that is returned with the bank statement?

1. a. Cash $250 DR; NSF Check $250 CR
2. b. Accounts Receivable $250 DR; Cash $250 CR
3. c. NSF Check $250 DR; Accounts Receivable $250 CR
4. d. Cash $250 DR; Accounts Receivable $250 CR
5. e. Cash $250 DR; Miscellaneous Expense $250 DR