What would cause a bank to increase a depositor's account balance?
- A A cheque returned for insufficient funds
- B Collection of a note receivable on the depositor's behalf
- C Monthly service charges
- D A cheque presented for payment
Answer
Collection of a note receivable on the depositor's behalf
When the bank collects a note on the customer's behalf it credits the account. NSF cheques and service charges both reduce the balance.





