Multiple Choice
A debit memorandum appeared on Mallory's bank statement for the month of May. How will Mallory treat this amount on the May bank reconciliation?
A) Add it to the company's balance.
B) Add it to the bank balance.
C) Deduct it from the company's balance.
D) Deduct it from the bank balance.
Correct Answer:
Verified
Correct Answer:
Verified
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