What customer's check for payment on account is recorded and deposited in the bank. The bank returns the check because of insufficient funds. The proper entry would?

When a customer's check is returned due to insufficient funds, the company should reverse the initial entry that recorded the deposit. This involves debiting the cash account for the amount of the check and crediting the accounts receivable account for the same amount, indicating that the customer still owes that money. Additionally, if there are any bank fees associated with the returned check, those should also be recorded as an expense.