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If a Credit Memo Appears on a Bank Reconciliation, This

Question 10

Multiple Choice

If a credit memo appears on a bank reconciliation, this could be an indication that:


A) there has been a decrease the company's bank account
B) there has been a bank service charge
C) there has been a deposit of a customer's NSF check
D) there has been a note receivable for the company that was collected by the bank.

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