multiple choice question which of the following items would increase the ending cash balance for a company…

multiple choice question which of the following items would increase the ending cash balance for a company? a bank service fee. a customers nsf check. interest earned on the checking account. a cancelled check.

multiple choice question which of the following items would increase the ending cash balance for a company? a bank service fee. a customers nsf check. interest earned on the checking account. a cancelled check.

Answer

Brief Explanations:

A bank service fee is a deduction from cash. A customer's NSF (non - sufficient funds) check means the company didn't receive the expected cash. A cancelled check is just a voided transaction. Interest earned on the checking account is an inflow of cash, increasing the ending cash balance.

Answer:

C. Interest earned on the checking account.