Respuesta :
Answer:
None of the above
Explanation:
because checks were issued therefore bank should be credited not cash.
entry of bank charges will be: Dr bank charges $11
Cr bank $11
Entry of Outstanding check is: Dr Account payable $221
Cr Bank $221
but to correct balance entry will be adjusted to:Dr Bank 221
Cr Account payable 221.
Entry of 90$: Dr Account Payable $90
Cr Bank $90
but when we realize to know about NSF we adjust entry to
Dr Bank $90
Account payable $90
Correct balance =221+90-11=$300 for the period.
