Jasper Company accepted a check from Harp Company as payment for services rendered. Jasper's bank statement revealed that the Harp check was an NSF check. What effect will the entry to record the NSF check have on the accounting equation of Jasper Company? Total AssetsTotal EquityA.DecreaseDecreaseB.No effectDecreaseC.DecreaseNo effectD.No effectNo effect
A. option A
B. option B
C. option C
D. option D
Answer: D
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